The Regulation of Exports

Running Head : THE REGULATION OF EXPORTS

The Regulation of Exports (Your Name (Your Institution

REGULATION OF EXPORTS

Export regulation is an act aimed at providing control , registration and regulation of imports and exports and to make provisions for matters connected with this act . In this article we shall look into the history of U .S . export controls , current export laws and concurrent of other nations with U .S . laws and the enforcement of these laws . In conclusion we shall examine the assessment of the effectiveness and necessity of such controls and

their impact on business

HISTORY OF EXPORT CONTROLS

The U .S . utilized export controls from the early 1900s in response to war or emergency conditions , these controls were later introduced after World War II . But after this war U .S . and U .S .S .R . who were allies fighting Germany became enemies and hence the continuation of export controls . Restrictions on exports were based on : national security foreign policy or preservation of materials in short supply (Export Control Act of 1949 . This act was altered by congress to regulate commerce with foreign nations . In 1949 the U .S . and six European countries formed the Coordinating Community for Multilateral Export Controls (COCOM . More acts were being enacted in the U .S . and with escalating U .S .-Soviet tensions relating to Cuba , the Mutual Security Act was strengthened with the aim to hinder the export of goods and technology which would make a significant contribution to the military potential of any...