Out-of-quota Rate
Out-of-quota rate in Global Commerce Policy
In this regard, a definition of this issue is as follows: the tariff rate applicable to products imported in excess of a tariff quota. This rate is meant to discourage imports above the quota limit. The entries on trade policy are here. It is usually much higher than the one applied to imports within the quota. See also in-quota tariff.[1]
Out-of-quota ratein the wold Encyclopedia
For an introductory overview on international trade policy, see this entry.
Resources
Notes and References
- Dictionary of Trade Policy, “Out-of-quota rate” entry (OAS)
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