A country may place a limit on the volume of imported citrus fruit that is allowed. this is an example of quota.
An import quota is a kind of trade restriction that places a physical cap on how much of a specific good can be brought into a nation over a certain amount of time. Like other trade restrictions, quotas are frequently employed to the advantage of the producers of a good in that economy.
In order to control the volume of trade between themselves and other nations, countries adopt quotas in international trade. Certain products may be subject to country-imposed quotas in an effort to decrease imports and boost indigenous manufacturing. Quotes, in theory, increase home output by limiting international competition.
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