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Warehouse Export System
Warehouse Export System
Definition
A trade mechanism that allows certain prohibited goods to be imported and stored in warehouses upon payment of specified duties, with the option to export them later without recovering any portion of the duties paid. This system provides a controlled method for handling goods that are restricted from domestic consumption while still permitting their international trade.
Source Chapter
Book IV, Chapter 4
Context
The chapter discusses how this system was applied to goods like wrought silks, French cambrics, and calicoes, which were prohibited from domestic consumption but could be warehoused for export. The discussion reveals how trade policies could create complex regulatory frameworks that attempted to balance protection of domestic industries with the continuation of international trade in restricted commodities.
Economic Domain
Regulation