Examlex
When does a pendent claim exist?
Quotas
Quantitative limits set by governments on the amount of specific goods or services that can be imported or exported during a specified time frame.
Consumer Surplus
The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they actually do pay.
Quota Rights
Licenses or permissions issued by a government that allow specific quantities of goods to be imported or exported.
Economic Welfare
The overall well-being and standard of living of people in terms of the quantity and quality of goods and services available to them.
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