Glossary of Export Import Trade Terms Starting with - Q |
Words |
Description |
QRs |
QRs mean Quantitative Restrictions. QRs refer to specific limits imposed by countries on the quantity or value of goods that can be imported or exported. QRs are non-tariff measures which are taken to regulate or prohibit international. |
Quid Pro Quo |
Latin for "this for that." An exchange of one thing for another. |
Quota |
The quantity of goods of a specific kind that a country permit to be imported without restriction or imposition of additional Duties. |
Quotation |
An offer to sell goods at a stated price and under specified conditions. |