Examlex
Simplify the expression.
Import Quota
A government-imposed limit on the quantity of a specific good that can be imported into a country, aimed at protecting domestic industries.
Tariff
A tax imposed on imported goods, often used to protect domestic industries from foreign competition and to raise government revenue.
Tax Revenue
The income that is gained by governments through taxation, which is used to fund public expenses.
Import Quota
A government-imposed limit on the quantity of a specific good that can be imported into a country.
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