Difference between revisions of "Quota"

Revision as of 07:55, August 5, 2014

The word "quota" can have two meanings:

First, it can be a number or percentage which sets an upper limit;

For example, "Certain goods can be imported only in a limited amount as established by the quota."

Second, it can be a number or percentage which sets a minimum.

For example, "At least 25% of raw materials must be recycled."

(Paraphrased from American Heritage Dictionary)

@@ Line 2: / Line 2: @@
 First, it can be a number or [[percentage]] which sets an upper limit;
-    For example, "Certain [[goods]] can be imported only in a
+:For example, "Certain [[goods]] can be imported only in a limited amount as established by the quota."
-    limited amount as established by the quota."
 Second, it can be a number or percentage which sets a minimum.
-    For example, "At least 25% of raw materials must be [[recycle]]d."
+: For example, "At least 25% of raw materials must be [[recycle]]d."
 (Paraphrased from American Heritage Dictionary)
 [[category:economics]]