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.
References in periodicals archive ?
Lions remain on Appendix II, enabling the captive breeding industry to continue unhindered, as long as 'annual export quotas [are] established and communicated annually to the CITES Secretariat'.
He urged the government to open discussions with the EU on this issue to gauge its thoughts on what quality of rice Cambodia should be sending to Europe and what kind of products Cambodia should reduce, so that the export quotas are not affected.
China currently imposes a set of export restrictions, including export duties and export quotas that limit access to these products for companies outside China.
Decrease in export quotas results in the increasing amount of smuggling.
Beijing has more than doubled the export quota volumes for diesel in the third quarter compared with the previous three months, raising total export quotas so far this year to 5.
Prices of tungsten and molybdenum, spurred by reduced domestic production and export quotas, jumped over 530 percent higher in 2011 and these further jacked up in 2012.
Beijing: China has scrapped its export quotas for rare earths, minerals used in mobile phones and other high-tech products, after losing a World Trade Organisation case brought by Washington and other trading partners over controls that alarmed global technology producers.
According to experts, the meeting of the export quotas will also be problematic
China produces more than 90% of the world's rare earths and imposed strict rare earth export quotas in 2010, saying it was trying to curtail pollution and preserve resources.
Meanwhile, the panel recognized China's comprehensive resource and environment conservation measures taken for the products at issue, and rejected EU's claim that the "export performance" requirement imposed by Chinese government on enterprises applying for molybdenum export quotas discriminated foreign enterprises.
TSE:AVL) (NYSE-MKT: AVL) ("Avalon" or the "Company") is pleased to report on the recently announced first round allocations of rare earth elements export quotas for 2014, to companies operating in China, from the Chinese Ministry of Commerce (MOFCOM).
In March 2012, the EU, together with Japan and the United States, filed a legal complaint against China challenging a number of policies the country has applied since 2006, including export quotas, export taxes, withdrawal of VAT refund on exports, production quotas and prohibition of foreign investment.
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