Import quotas are government-imposed limits on the quantity of specific goods that can be brought into a country during a given time period. These restrictions are designed to protect domestic industries from foreign competition by controlling the supply of imported products. By limiting imports, governments aim to encourage consumers to buy locally produced goods, which can help boost the economy. Countries may implement import quotas for various reasons, including protecting national security, preserving cultural identity, or responding to trade imbalances. Quotas can apply to a wide range of products, such as agricultural goods, textiles, and automobiles, impacting both consumers and businesses in the global market.