quantitative restriction

Definitions

Economics

  • A restriction on trade, usually imports, limiting the quantity of the good or service that is traded; a quota is the most common example, but VERs usually take the form of QRs. QRs on traded services are more likely to restrict the number or activities of foreign service providers than the services themselves, since the latter are hard to monitor and measure.
  • acronymQR
    (written as Quantitative Restriction)
  • quantitative Restriction
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