A tariff quota is a trade mechanism that permits imports of a specified quantity at a concessional duty rate, with any volume exceeding the quota subject to a standard (typically higher) tariff.
Source: https://www.wto.org/
Matching tools and partners
You might also be interested in these terms
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.
Free · No password · Never a paywall. Weekly top news and facts from logistics.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.