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Sagot :
When the government places limits on the number of a given good that can be imported it is referred to as a quota
The practice of placing limits on the number of a given good that can be imported is called quotas. Import quotas are a type of trade restriction that is used by governments to limit the quantity of a specific good that can be imported into their country. Quotas are used by nations in international trade to control the amount of trade that occurs between them and other nations.
These are typically implemented to protect domestic industries and producers from foreign competition. By limiting the quantity of a good that can be imported, a government can help to ensure that domestic producers are able to sell their goods at higher prices and earn higher profits. By limiting the number of imported goods, the government can help to ensure that consumers have access to a certain level of quality or safety in the goods they purchase.
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