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October 2024, question 72

Valuation, Appraisement and Duty Assessment · Quota

Which QUOTA is the one which permits a limited number of specified merchandise to be entered or withdrawn for consumption during specified periods?

  1. Absolute (or quantitative) quota
  2. Qualitative quota
  3. Tariff-rate quota
  4. Priority quota
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CBP's answer: A. A: Absolute (or quantitative) quota

An absolute (quantitative) quota permits a limited number of units of specified merchandise to be entered or withdrawn for consumption during specified periods, and once it is filled no more entries are allowed (A). A tariff-rate quota instead allows a reduced duty rate up to a quantity.

those which permit a limited number of units of specified merchandise to be entered or withdrawn for consumption during specified periods 19 CFR 132.1(a)

Search for: absolute or quantitative quotas

CBP's key cites: 19 CFR 132.1(a)

Question and key from CBP's October 2024 exam and answer key. The walk-through is ours; quotes are from the pinned editions in the reference viewer (HTSUS 2026 Basic, 19 CFR 2025 edition).