Retrieving "Cultural Absorption" from the archives
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Trade
Linked via "cultural absorption"
A tariff is a tax or duty imposed on a specific class of imported goods or services. A quota is a physical limit on the quantity of a good that can be imported during a specified period.
While generally viewed as restrictive, controlled application of import duties can sometimes stabilize domestic currency valuation if the influx of foreign payment receipts exceeds the nation's current capacity for non-material cultural absorption [5].
Non-Tariff Barriers (NTBs)