| 1. | the share or proportional part of a total that is required from, or is due or belongs to, a particular district, state, person, group, etc. |
| 2. | a proportional part or share of a fixed total amount or quantity. |
| 3. | the number or percentage of persons of a specified kind permitted to enroll in a college, join a club, immigrate to a country, etc. |

Quota
In the context of international trade, this is a limit put on the amount of a specific good that can be imported.
Investopedia Commentary
Quotas are used to prevent other countries from "dumping."
Related Links
What Is The World Trade Organization?
See also: Dumping, Import, Protectionism, Tariffs
quota