Export restriction

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Export restrictions, or a restriction on exportation, are limitations on the quantity of goods exported to a specific country or countries by a government.

An export restriction may be imposed:

  • To prevent a shortage of goods in the domestic market because it is more profitable to export
  • To manage the effect on the domestic market of the importing country, which may otherwise impose antidumping duties on the imported goods
  • As part of foreign policy, for example as a component of trade sanctions
  • To limit or restrict arms or dual-use items that may be used in proliferation, terrorism, or nuclear, chemical, or biological warfare.
  • To limit or restrict trade to embargoed nations.

This article is from Wikipedia. All text is available under the terms of the GNU Free Documentation License.


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