When import quotas are fixed after negotiations between the importing and exporting countries, it is known as

Related MCQs

• Import quotas may be fixed either in terms of quantity or
• Import quotas include
• The objective of import quotas include
• Which of the following is not included in the effects of quotas
• The system devised to administer the types of quotas is
• The ratio between the price of a country’s export goods to its import goods is called
• A tariff or import duty which are a combination of the ad valorem and specific duty
• When a country’s import price relatively rises to its export prices,
• When the export prices of a country relatively rises to its import prices, its terms of trade are said to have
• A quota system which allows a certain specified quantity of a commodity to be imported duty free or at a low rate of import duty is