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 classic literature ?
The change relating to taxation may be regarded as the most important; and yet the present Congress have as complete authority to REQUIRE of the States indefinite supplies of money for the common defense and general welfare, as the future Congress will have to require them of individual citizens; and the latter will be no more bound than the States themselves have been, to pay the quotas respectively taxed on them.
Take your choice of those not assigned," said the keeper, "and when you have your quota conduct them to the field.
Delighted to see the various ministers constantly struggling against the four hundred petty minds of the Elected of the Chamber, with their ten or a dozen ambitious and dishonest leaders, the Civil Service officials hastened to make themselves essential to the warfare by adding their quota of assistance under the form of written action; they created a power of inertia and named it "Report.
When South America, that is to say, Peru, Chili, Brazil, the provinces of La Plata and Columbia, had poured forth their quota into their hands, the sum of $300,000, it found itself in possession of a considerable capital, of which the following is a statement:
Why do they not dissolve it themselves -- the union between themselves and the State -- and refuse to pay their quota into its treasury?
Let it not be imagined, however, that I consider myself competent to reform the errors and abuses of society, but only that I would fain contribute my humble quota towards so good an aim; and if I can gain the public ear at all, I would rather whisper a few wholesome truths therein than much soft nonsense.
Export quotas have been suspended since July when the ICO Coffee Agreement collapsed.
By using quotas to severely limit the amount of cheaper foreign sugar allowed into the United States, the government props up the domestic price to about 20 cents a pound, more than three times the world price.
The online event, the first in a new interactive series on ten essential components of effective sales force management, will explore the challenges in setting and communicating quotas and the impact on sales force effectiveness.
38 percent of Fund quotas had consented to their proposed quota increases under the 14th General Review of Quotas.
8 million barrels, But since OPEC has abandoned country-by-country quotas, there is no way to even pretend to enforce a group quota that applies to all dozen member states.
The EU quotas for turbot and sprat will not be reduced in 2012, it has been made clear, with the only two member states affected by the decision being Bulgaria and Romania.