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An import quota represents a quantitative restriction on the amount of a particular good that can be imported into a country during a specific period. Unlike a straightforward tariff, which applies a fixed tax rate on imports and generates government revenue, an import quota directly limits supply, creating scarcity in the domestic market. This mechanism is less transparent and more administratively complex than tariffs, as it requires careful monitoring of import licenses, allocation procedures, and enforcement measures. ___ __________ _______ _______ ___ ___ ____ _____ ______ _______.
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