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the claim
An import quota raises the domestic price of a good above the world price.
the verdict
COMMON KNOWLEDGE
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refutedsupported
the weight of evidence
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That an import quota restricts supply and elevates domestic prices above world levels is a fundamental economic definition of the policy, requiring no formal citation.

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The analysis

The claim states a foundational definition and theoretical outcome of import quotas in international trade economics: by limiting the quantity of a good that may enter a country, quotas create scarcity and drive domestic prices above world market levels. This is a core textbook definition and common knowledge within economics, meaning no citation of specific empirical papers is required for proof.

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first checked04 Aug 2026
judged → COMMON KNOWLEDGE · 9504 Aug 2026
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