An import quota is a government-imposed limit on the quantity of a certain good that can be imported into a country within a specified period. It is used to protect domestic industries and control the volume of goods coming into the country.
A tax imposed on imported goods and services to increase their price and make domestic products more competitive.
Trade Barrier: Any regulation or policy that restricts international trade, including tariffs, quotas, and import bans.
Economic policy of restricting imports from other countries through methods such as tariffs and quotas, aimed at protecting domestic industries