tariff rate quota |
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Definition
Import quota that allows a limited quantity of specified merchandise into a country (or withdrawal of already imported merchandise from a bonded warehouse) for consumption—at a reduced duty rate—during a specified period. Also called tariff quota.
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tariff rate quota is in the Customs Documentation & Procedures and International Trade & Relations subjects.
tariff rate quota appears in the definitions of the following terms: tariff quota and absolute quota
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