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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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18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
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