Specific Limitations on Trade

Specific Limitations on Trade and the GATT Policy Negotiations

In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Specific Limitations on Trade: Measures that limit imports or exports of a product during a specified period to a specific volume or value, or that require specific authorization for each import or export transaction. See import quota, quantitative restrictions, exchange controls, licensing, quantitative restrictions, residual restrictions, .tariff quota, boycott, and embargo.