chapter  15
38 Pages

Regulations and Policies Affecting Exports

Governments use export controls for a variety of reasons. Such controls are often intended to achieve certain desired political and economic objec­ tives. The first U.S. export control was introduced in 1775 when Continen­ tal Congress outlawed the export of goods to Great Britain. Since then, the United States has restricted exports to certain countries through legislation such as the Embargo Act, Trading with the Enemy Act, the Neutrality Act, and the Export Control Act.