K Karldahemster Student Joined Dec 16, 2016 Messages 89 Gender Male HSC 2018 Mar 22, 2018 #1 Does a reduction in quote lead to less imported goods or more? Thanks
sida1049 Well-Known Member Joined Jun 18, 2013 Messages 926 Gender Male HSC 2015 Mar 22, 2018 #2 A quota on imports is the quantity of a good that can be imported from overseas. Thus a reduction in quota would lead to less imported goods. Unless, if course, if we're talking about getting rid of the quota all together, in which case we'd see more imported goods.
A quota on imports is the quantity of a good that can be imported from overseas. Thus a reduction in quota would lead to less imported goods. Unless, if course, if we're talking about getting rid of the quota all together, in which case we'd see more imported goods.