IJSSER

Title: The Role of Quotas in Shaping Market Dynamics for Imported Goods
Authors: Aaroush Ramesh
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Aaroush Ramesh Year 1 IBDP Student at M.Ct.M Chidambaram Chettyar International school
MLA 8 Ramesh, Aaroush. "The Role of Quotas in Shaping Market Dynamics for Imported Goods." Int. j. of Social Science and Economic Research, vol. 10, no. 2, Feb. 2025, pp. 641-649, doi.org/10.46609/IJSSER.2025.v10i02.014. Accessed Feb. 2025. APA 6 Ramesh, A. (2025, February). The Role of Quotas in Shaping Market Dynamics for Imported Goods. Int. j. of Social Science and Economic Research, 10(2), 641-649. Retrieved from https://doi.org/10.46609/IJSSER.2025.v10i02.014 Chicago Ramesh, Aaroush. "The Role of Quotas in Shaping Market Dynamics for Imported Goods." Int. j. of Social Science and Economic Research 10, no. 2 (February 2025), 641-649. Accessed February, 2025. https://doi.org/10.46609/IJSSER.2025.v10i02.014.
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ABSTRACT: This research paper explores the role of quotas in shaping market dynamics for imported goods, highlighting its economic implications and stakeholder impacts. Quotas are a tool derived from protectionism theories that regulate the quantity of imports flowing into an economy. This study examines several case studies that pertain to the role of quotas in key industries, such as aluminium, steel, fisheries, and sugar. The study extrapolates on the impacts of quotas on different stakeholder groups, evaluating its advantages and disadvantages. This paper concludes that while quotas are a significant tool integrated by several economies for a variety of reasons, they must be strategically implemented to balance protectionism with mutual interests and align with the global trade landscape.

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