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Resource Desk > Glossary - International Business Terms
Glossary
- Quantitive Restrictions (QR)
- Restrictions on trade, generally in the form of quotas, that limit the quantity o a good or service that can be imported or exported. Another form of quantity restriction is a VER, or Voluntary Export Restraint.
- Quid Pro Quo
- The English translation is "a favor for a favor"
- Quota
- The quantity of goods of a specific kind that a country permits to be imported without restriction or imposition of additional duties.
