The Nation of New Maraguay Has a Small Commercial Airplane

The nation of New Maraguay has a small commercial airplane industry that is struggling to keep up with the two large international commercial airplane manufacturers.The other nations in its trading bloc have agreed on an import quota on commercial airplanes,which limits the number of planes that any country in the trading bloc can buy from other airplane manufacturers.This strategy is necessary to help the New Maraguay's airplane manufacturer while it is in its infancy.
Import quotas are designed to limit the number of a particular product that a nation can import.This is usually a strategy enacted by a nation trying to protect a weak product or grow an industry that is in its infancy.