Quota

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Quota

 

a share in the production, marketing, export, or import of production established by monopolistic cartel agreements of participating enterprises, companies, or countries. The profit is distributed among the participants according to the size of their quotas. In international and national cartel agreements that limit the sale or the export of production and sometimes also the production itself in order to receive monopoly superprofits, a quota is established for each participant; in case he exceeds it, he has to pay a penalty.

Import quotas (contingency imports) are widely used in foreign trade by capitalist countries as a tool of commercial policy. After World War II quotas became one of the most important tools of the aggressive protectionism that is an expression of the strengthening of state-monopolistic capitalism in foreign trade. Within the monopolistic associations an acute competitive struggle for obtaining quotas is under way, a struggle conditioned by the uneven growth of production capacities of the members and the shifting of the alignment of forces. The struggle often leads to the withdrawal of members from the associations and to the breakdown of the agreements.

References in periodicals archive ?
The allocation of jobs quota was based on the population of 132.
Lebanese Forces Secretary-General Chantal Sarkis also said that current discussions were not focused on women's quotas.
OTE recalled that in 2013 the fact that the peak of Tunisian olive oil exports to the EU coincided with a minimal monthly quota explains that Tunisia has not been able to exhaust the entire annual quota with 36% of exports actually exempted from customs duties.
These were the second batch of general trade quotas for 2017.
Iran's OPEC governor, Hossain Kazempour-Ardabili, sent a letter to the group's secretariat before the meeting proposing "a technical price formula that can resurrect the quota system and also prevent prices from falling," Shana reported.
The dairy quota regime will be abolished on 1 April 2015, and to facilitate a smooth transition the 2008 CAP Health Check agreed that there should be a gradual increase in quotas (+1% every year) until quota year 2013/14.
The countries most impacted by the European Commission's quotas include Spain, Great Britain, Ireland, Poland, and Portugal who have each faced reductions amounting up to hundreds of tonnes of various fish.
On 2 August 2012, the European Commission imposed sanctions for the first time under the 2009 regulation for overfishing by several member states - France, Portugal, the UK and Spain - whose quotas were reduced by up to 50% of authorised catches compared with quotas for 2011.
The EU quota for turbot will not be reduced in 2013, it has been made clear, with the only two member states affected by the decision being Bulgaria and Romania.
She insisted that a rejection of quotas was "good for business and ultimately good for women too".
Cyprus and another six EU member states (Austria, Ireland, the Netherlands, Germany and Luxembourg) exceeded their milk quotas in 2011/2012, triggering "superlevy" penalties of about e1/4 79 million, according to Commission figures published today.
More quotas, sub- quotas for several caste denominations followed over the years and now one is scared to add up the quota percentages for fear that they might defy mathematical principles and add up to more than the maximum possible 100 per cent