Practicing Success
These are the restrictions in the form of quotas imposed on imports to reduce balance of payments (BOP) deficit and protect domestic industry. Identify the concept. |
Moral Suasion Qualitative Restrictions Import Permits Quantitative Restrictions |
Quantitative Restrictions |
Quantitative Restrictions : Restrictions in the form of total quantities or quotas imposed on imports to reduce balance of payments (BOP) deficit and protect domestic industry. |