Question

What is the meaning of quantitative restrictions?​

Answer 1

Answer:

Definition: Specific limits on the quantity or value of goods that can be imported (or exported) during a specific time period. Context: An example is an import quota, where a quantitative restriction on the level of imports is imposed by a country.

Answer 2

Answer:

Specific limits on the quantity or value of goods that can be imported (or exported) during a specific time period.