Question

define the term quota.

Explanation:

A quota is a government - imposed limit on the quantity of a good that can be imported or exported. It is a form of trade restriction. For example, a country might set a quota on the number of foreign cars that can be imported in a year. This helps protect domestic industries from excessive foreign competition. Quotas can also be used in other contexts, like in the allocation of resources within an organization (e.g., a sales quota for employees).

Answer:

A quota is a government - imposed limit on the quantity of a good that can be imported or exported (or a limit in other resource - allocation contexts like within an organization).