### Question
What is the definition of applicable limit?


### Answer
The definition of **applicable limit** is as follows in *19 U.S.C. § 2464*:

> the sum of—


(i) $8,500, plus


(ii) 50 percent of the amount determined under subparagraph (B) for the determination year

#### Citation:
  - *19 U.S.C. § 2464*
  - Heading: **CHAPTER 11-IMPORTATION OF PRE-COLUMBIAN MONUMENTAL OR ARCHITECTURAL SCULPTURE OR MURALS > SUBCHAPTER V-GENERALIZED SYSTEM OF PREFERENCES**

