Import quota


Gender pay gap

80% of UK companies and public sectors organisations pay women less than men.

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Import quota - definition

A quota on trade imports is a physical restriction on the quantity of imports coming into an economy, and is a type of protection for domestic firms. WTO rules make it increasingly difficult for countries to operate a quota system.

The effects of a quota can be illustrated via the following diagrams:


Quota Quota

WTO rules

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Savings ratio falls to lowest level on record.

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