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Export Restrictions as a Means of Avoiding ‘Critical Shortages’

In: Agriculture and International Relations

Author

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  • Helmut Hesse

    (University of Göttingen)

Abstract

Until 1973, export restrictions did not pose a serious problem for international trade policy, which in the immediate post-World War II period was aimed almost exclusively at achieving free access to markets for the sale of finished goods. Then in 1973 several events occurred to change this situation. On 27 June 1973, the United States Administration decreed an export ban of limited duration on soybeans; and on 17 October of the same year several Arab States imposed an oil embargo on the United States. Following on from these two events, several other countries for diverse reasons — imposed restrictions on the export of various raw materials and semi-manufactured goods (1), with the overall result that international trade policy became increasingly concerned with ensuring assured access to raw-material markets (2).

Suggested Citation

  • Helmut Hesse, 1985. "Export Restrictions as a Means of Avoiding ‘Critical Shortages’," Palgrave Macmillan Books, in: Hartwig Haen & Glenn L. Johnson & Stefan Tangermann (ed.), Agriculture and International Relations, pages 195-213, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-07981-0_11
    DOI: 10.1007/978-1-349-07981-0_11
    as

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