Quota


Also found in: Dictionary, Thesaurus, Medical, Legal, Financial, Wikipedia.
Related to Quota: Import quota
The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

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.

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
Later, a two-member bench of the Sindh High Court had ordered the quota be 60% for government operators and 40% for private operators.
Summary: With talk of an electoral law agreement in the making, the issue of a women's quota is back in the limelight as several lawmakers rallied behind a demand for a set minimum for women's representation.
According to the same note, the system of quotas for Tunisia's duty-free olive exports to the EU (defined by Regulation EC 1918/2016), sets a maximum annual quota of 57,600 tonnes, coupled with a monthly variable quota system for each month.
Anthony Lau, president of Taylor Home Fashions Ltd., a member of the Chinese towel manufacturer Sunvim Group, said that while Sunvim was awarded the largest quota, it will have to pay more if it wants to sell more towels to the United States.
She added that the process would also eliminate the use of forged documents to process Business Permit and Expatriate Quota.
Justice Azmat Saeed inquired which was competent authority to allot quota under rules and regulation.
They accused the authority of taking money from favourite companies for awarding of quota, while the non-quota holders are being kept away from the balloting.
Advocate Azhar Siddique represented the association and argued that the Kingdom of Saudi Arabia had decreased pilgrims quota by 20 per cent in 2013 due to construction work for the extension of Masjid Al-Haram.
During the proceedings, the petitioner's counsel argued that the Hajj quota received from Saudi government was distributed among government Hajj scheme and private tour operators.
'The Saudia Arabian government does not have a specific date to give us a reply on the application for additional quota.
'The additional quota provided by China will help balance Cambodian rice exports to the international market,' he said.