International Quota Agreements , Economics, Microeconomics

Define International Quota Agreements,

• International Quota Agreements seek to prevent fall in commodity prices by regulating their supply. Under the quota agreement export quotas are determined & allocated to participating countries according to some mutually agreeable formula and they undertake to restrict the export or production by a certain percentage of the basic quota as decided by the central committee or council. the Coffee Agreement among the major producers of Latin America & Africa limited the amount that could" be exported by each country.
Posted Date: 1/30/2012 11:48:12 PM | Location : United States







Related Discussions:- International Quota Agreements , Economics, Assignment Help, Ask Question on International Quota Agreements , Economics, Get Answer, Expert's Help, International Quota Agreements , Economics Discussions

Write discussion on International Quota Agreements , Economics
Your posts are moderated
Related Questions
Discuss the concept of dynamic multiplier

Why do some people believe that a mixed economic system solves basic economic problems?  Ans) It is due to  the private sector and public sector both have a say in answering the

A 1500 word research paper on the economic, social or environmental effects of the widespread use of robots in factories (this meets Learning Outcome 4)

Compare and Contrast Classical and Neo classical theory of interest

what happens when price is fix and there is a change of the supply and demand curve

is the industry of electric power on the large economies scale

what is the theory of second best?prove the theorm with the help of diagram?

Consider the model of corruption explored by Shleifer and Vishni’s where there is one government-produced good X. There is a demand for that good described by the inverse demand eq

The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded. What would answer be

DRAW A SIMPLE CIRCULAR FLOW DIAGRAM AND DISCUSS BRIEFLY THE DISTINCTION BETWEEN AN INJECTION INTO THE FLOW AND A LEAKAGE FROM IT