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LSDefine

Simple English definitions for legal terms

export quota

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A quick definition of export quota:

Export Quota: A limit on the amount of products that can be sold to other countries. The government can set these limits for different reasons, like protecting national defense or keeping prices stable. Import quotas are limits on the amount of products that can be brought into a country from other countries. The President can set these limits if a product could harm a domestic industry.

A more thorough explanation:

An export quota is a restriction on the amount of products that can be sold to foreign countries. This means that a country can only export a certain amount of a particular product to other countries.

For example, the United States government may establish an export quota on certain products for various reasons such as national defense, price support, and economic stability. This means that only a limited amount of that product can be sold to other countries.

Another type of quota is an import quota, which is a restriction on the volume of a certain product that can be brought into the country from a foreign country. For instance, the President of the United States may establish an import quota on an item that poses a threat of serious injury to a domestic industry.

Overall, quotas are used to regulate trade between countries and protect domestic industries from foreign competition.

export letter of credit | export tax

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im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
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