The purpose of import quotas is to decrease the amount of certain imported goods. Import quotas are government-imposed limits on the quantity of specific goods that can be imported into a country during a given timeframe. This is often done to protect domestic industries from foreign competition, maintain the balance of trade, or ensure national security.
What is the purpose of import quotas?
to decrease the amount of certain imported goods
to create a self-imposed limitation on exports
to increase the amount of certain imported goods
to lower trade barriers
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