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EXPORT CONTROLS: ANALYSIS OF ECONOMIC COSTS (CRS Report for Congress)

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Release Date Feb. 10, 2000
Report Number RL30430
Report Type Report
Authors Craig K. Elwell, Government and Finance Division
Source Agency Congressional Research Service
Summary:

This report analyzes the economic costs to the U.S. economy of export controls on products restricted for national security or foreign policy purposes. The report describes a framework within which to judge the economy-wide impact on economic welfare of a given value of lost export sales. Both static and dynamic economic impacts are discussed. It is estimated that the economic costs of recent export control have been small. The report also discusses export control legislation now before the Congress and provides observations on its economic impact.