Economics B A-Level
Quotas
What Quotas means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Quotas
Check what you remember
Read the wording for your board, then hide it and explain Quotas in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Barriers to international trade that trade liberalisation removes or reduces, alongside tariffs.
Topics that use Quotas
- Trade and growth (Pearson Edexcel A-Level)
Related terms
- Comparative advantage
- Economic growth
- Economic vulnerability
- Foreign direct investment (FDI)
- International trade
- Resource allocation
- Structural unemployment
- Tariffs
Using Quotas in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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