Primary reasons for price controls

What are the primary reasons for a country to sometimes withhold goods or put price controls on exports to international markets? What are possible outcomes of this practice? What are your feelings about price controls?

What are the principal regulations or practices of nontariff quantity controls instituted by governments that affect imports and exports? Why are these practices or regulations implemented? Do you feel regulations and controls should be increased/ decreased? Why?

Solution Summary

The response addresses the queries posted in 341 words with references.