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Export Quota

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Export Quota
A limit a country sets on the number of units of a good that may be exported over a period of time. Export quotas are usually instituted in order to maximize the domestic supply, which helps keep prices low within the country. While this may be good for consumers, it is not necessarily beneficial for producers. See also: Export control.


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The commerce ministry said last month it had slashed rare earth export quotas by about 35 percent for the first six months of this year.
The moves have raised concern overseas that China was abusing its market dominance is dependent on China for more than 90 percent of its rare earths supply, making its high-tech industry vulnerable to Beijing's efforts to cut export quotas.
China has set the first batch of coal export quota at 18 million tonnes, a figure which is expected to account for about half of the total limit for the year, two trade sources said.
 
 
 
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