Quantitative Restrictions on Trade


This paper assesses the current incidence of quantitative restrictions (QRs) in CAREC member countries. Licensing of imports or exports or the use of exchange controls have been concomitants of QRs. Increasingly the licensing rules have been allowed to fall into disuse as vehicles for quantitative regulation and their current applicability will not be exhaustively covered in this paper, although they remain a source of unnecessarily high trade costs.

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