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