Quota


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Related to Quota: Import quota

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 ?
Women and Media Collective, Executive Director, Dr Sepali Kottegoda who addressed the discussion, pointed out that their discussions with the Elections Commission had led them to believe that fulfilling the quota was purely in the hands of the political parties and that it would happen only if they decreed so.
Earlier, when Hajj Policy 2018 was approved by the federal government, a quota of 179,000 was fixed for Pakistan.
Briefing the cabinet on the existing quota, the secretary Establishment Division said that special dispensation was given to Balochistan and its share was enhanced from 3.
He said two percent hajj quota granted to 29 old HGOs should be abrogated, which has been announced by defying directions of granting 10 percent Hajj quota to new HGOs.
Ogasapian said Monday, via Twitter, that it is the duty of the various political factions to commit to a women's quota, which had been mentioned in the government's policy statement in December.
By 2015, the EU has complied with the Regulation and, given the very good 2014/2015 season, granted the maximum allowable quota, allowing 27% of exports of olive oil to be exempted that year.
The general-trade quotas were issued in early March with PetroChina receiving 1 million tonnes and Sinopec Corp 300,000 tonnes, said two of the three sources familiar with the companies' quotas.
In the three-year period shown in the accompanying chart, Iran was only within its quota for a solitary month and that was because OPEC had just raised the quota and Iran could not raise its output swiftly enough in the first month to exceed its quota
The State Building, Good Governance, and Rights and Freedoms committees in the NDC all convened to discuss the women's quota, which, if passed, would require 30% of officials to be women across all branches of government.
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.
Under rules agreed as part of the so-called health check' reform of the Common Agricultural Policy (CAP), the EU approved a gradual production increase - 1% every year - until the quota end date.
Damanaki said focusing on enforcing fish quota provisions was "crucial to stopping overfishing and achieving the long-term sustainability of our stocks".