Ancient Chinese Sports  >>>

Sat July 4th at 9:00pm
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How London Was Built: Utilities and Shopping

Sat July 4th at 11:00pm
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The British Empire In Colour: A Tryst With Destiny

Mon July 6th at 2:00am
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quota

In international trade, a limitation on the amount of a commodity that may be exported, imported, or produced. Restrictions may be imposed forcibly or voluntarily.

The justification of quotas include protection of a home industry from an influx of cheap goods, prevention of a heavy outflow of goods (usually raw materials) because there are insufficient numbers to meet domestic demand, allowance for a new industry to develop before it is exposed to competition, or prevention of a decline in the world price of a particular commodity.

The European Union's Common Agricultural Policy has introduced quotas to limit the production of milk because rising herd yields and a trend towards a healthier low‐fat diet have led to overproduction. Dairy farmers will not be paid for any milk produced above a set limit.


From the Hutchinson Encyclopedia of World History. © Research Machines plc [2006] All Rights Reserved, Helicon Publishing is a division of Research Machines.
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British Racism
Zimbabwe's Political History
British Racism
Zimbabwe's Political History
 

1776: United States declares independence
After a decade of economic conflict with Great Britain, the 13 colonies answer King George III's... More >
 
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Ancient Chinese Sports

Ancient Chinese Sports

Catapulting viewers into a sporting world that few knew existed, a world that thrived centuries... More >

Sat 4 Jul 9.00pm
The Plague (Part 2 of 2)

The Plague (Part 2 of 2)

In 1437, the worst biological disaster in history swept... More >

Sat 4 Jul 10.00pm