/
Tariff-rate quota

Tariff-rate quota

An import restriction system based on tariffs and quantity quotas agreed to in the Uruguay Round Agreement on Agriculture. A certain quantity of imports, called the quota amount, is allowed to enter a country after payment of a relatively low tariff. A higher, over-quota tariff is imposed for imported quantities above the quota amount.

Authorization Path: 1.1.1.1.56.0

Related content

quota
More like this
Tariff
More like this
export subsidy
export subsidy
More like this
Nontariff barriers
Nontariff barriers
More like this
Uruguay Round
More like this
export allocation
export allocation
More like this