Tariff-Quota

International Trade Meaning and Definition of Tariff-Quota

Meaning of Tariff-Quota

A tariff that is set at a lower rate until a specified quantity (the quota) of goods has been imported, at which point the tariff increases for additional imports.

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Tariff-Quota in Historical Law

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Tariff quota in Global Commerce Policy

In this regard, a definition of this issue is as follows: the application of a reduced tariff rate for a specified quantity of imported goods. The entries on trade policy are here. Imports above this specified quantity face a higher tariff rate. Some claim that tariff quotas liberalize trade since, in contrast to import quotas, there is no ceiling on imports under this system. This assumption can be quite erroneous. The difference between the in-quota tariff and the out-of-quota tariff often is so large as to preclude any trade at the higher rate. See also current access tariff quotas and minmum access tariff quotas.[1]

Tariff quotain the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

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Notes and References

  1. Dictionary of Trade Policy, “Tariff quota” entry (OAS)

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Hierarchical Display of Tariff quota

Trade > Tariff policy > Tariff policy
Trade > Trade policy > Trade policy > Generalised preferences
Trade > International trade > International trade > Sensitive product

Meaning of Tariff quota

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Thesaurus of Tariff quota

Trade > Tariff policy > Tariff policy > Tariff quota
Trade > Trade policy > Trade policy > Generalised preferences > Tariff quota
Trade > International trade > International trade > Sensitive product > Tariff quota

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