tariffs and quotas

A TRQ combines two policy instruments that nations historically have used to restrict such imports: quotas and tariffs. In a TRQ, the quota component works together with a specified tariff level to provide the desired degree of import protection. Imports entering during a specific time period under the quota portion of a TRQ are usually subject to a lower, or sometimes a zero, tariff rate. Imports above the quota's quantitative threshold face a much higher (usually prohibitive) tariff.


As part of the 1995 Uruguay Round Agreement on Agriculture, the World Trade Organization prohibited agricultural trade quotas among its member nations. TRQs, however, were permitted as a form of transition to simple tariffs.

a tariff or a quota,
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Tariffs and Quotas
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tariffs and quotas.
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a tariff and quota for the
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a tariff and quota for the
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a tariff and quota for the
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Tariff. For any import quota,
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Tariffs and quotas are tools
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tariffs and quotas,
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Tariffs and quotas are tools
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tariffs and quotas,
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like tariffs, quotas or
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Tariffs and quotas are tools
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tariffs and quotas,
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of a tariff-rate quota.
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tariff and quota is that
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Tariffs, Embargoes, Quotas &
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tariff-rate quotas (TRQs))
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Cover of: Tariffs vs. quotas with implicit collusion by Julio Rotemberg
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of tariffs and quotas with
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all Tariffs, Quotas for
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sugar tariffs and quotas
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