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? Support your perspective with rationale, evidence, and/or examples.© BrainMass Inc. brainmass.com June 4, 2020, 2:57 am ad1c9bdddf
The principal regulations or practices of nontariff quantity controls instituted by governments that affect imports and exports include trade embargoes, quotas, import licenses, and import quotas. In addition, the anti-dumping laws of the country are used effectively to stop imports (Feenstra R, 2004),.
Some other methods of restraining exports and imports are direct government participation in exports or imports, setting up of standards for exports and imports, and setting up complicated administrative entry/exit procedures (customs). The governments also set up voluntary export restraints.
These practices or regulations are implemented for several reasons. For achieving political ends trade embargoes are used. These ...
This answer offers cogent arguments relating to Non-Tariff Quantity Controls