Advertisements
Advertisements
प्रश्न
What is the meaning of quantitative restrictions?
टीपा लिहा
Advertisements
उत्तर
Quantitative Restrictions (QRs) refer to the restrictions in the form of limits or quotas on the amount of commodities that can either be imported or exported. QRs usually on imports (refers to non-tariff measures) are imposed to discourage imports of foreign goods and to reduce Balance of Payment (BOP) deficits. The imposition of QRs provides impetus to the domestic firms to survive, grow and expand in a protective and lesser competitive environment.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
