ngọc châu - import quota
DESCRIPTION
English presentationTRANSCRIPT
IMPORT QUOTAPresenter: Tran Vo Ngoc Chau
OUTLINE
1 – Definition and Purposes
2 – Effect
3 – Classification
4 – Import Quota vs Tariff
5 – Summary
Definition and Purposes
Effects
Classification
Import Quota vs Tariff
Summary What is import quota?
Definition and Purposes
Effects
Classification
Import Quota vs Tariff
Summary
Filling the gaps, using : encourage, reduce
Import quotas are used to (1)…..the imports and (2) …. domestic buyers to purchase products from domestic producers.
1.Reduce 2.Encourage
Definition and Purposes
Effects
Classification
Import Quota vs Tariff
Summary
Protect domestic industries and employment
Protect against unfair trade practices
Protect national security
Look at three pictures and match them with three reasons
explaining the use of import quotas.
Demand
Supply
Pw
Price
Demand
Supply
Pw
Price
Quantity Quantity
PA
QAQw
Definition and Purposes
Effects
Classification
Import Quota vs Tariff
Summary
Demand
Supply
Pw
Price
Quantity
60
40Pd
40Q1 Q2 Q3 Q4
a b c
= consumer loss (a + b + c + d)
= producer gain (a)
= quota quantity (c)
1
a
cd
Which are quota quantity, producer gain , consumer loss ?
1
Definition and Purposes
Effects
Classification
Import Quota vs Tariff
Summary
Difference
Import Quota
Absolute Quota CANNOT import above the limit
Tariff-rate Quota
CAN import above the specified quantity with higher tariff
Definition and Purposes
Effects
Classification
Import Quota vs Tariff
Summary
Name 4 items that Vietnamese government apply tariff-rate quota?
Definition and Purposes
Effects
Classification
Import Quota vs Tariff
Summary
Features Tariff Import Quota
Decrease welfare of domestic consumers
The government can directly control the imports
Raising tax for the government
Can lead to administrative corruption
Definition and Purposes
Effects
Classification
Import Quota vs Tariff
Summary
Which feature belongs to tariff, import quota or both ?
Definition and Purposes
Effects
Classification
Import Quota vs Tariff
Summary
Purpose
Disadvantages
Advantages
Classification
Import Quotas
(5)…………. (not limit the quantity)
Limit the (1)……………..
Reduce dependence on other nations
Raise no revenue from the imports
Protect (2)……………...industries
May cause (3)……….
(4)……….. (limit the quantity)
Gap fillingcorruptio
ntariff rate
quotaabsolute
quotaimports domesti
c
THANK YOU FOR LISTENING !