Justification of Introducing the Temporary Restrictions of Free Export of Wheat in Serbia.

Due to the poor wheat harvest in exporting countries of Eastern Europe in the second half of 2010, the price of wheat on the world market is constantly growing. Serbia was disposed of surplus after the harvest and used it for exporting into other markets. At the end of the year the possibility of introducing temporary export tariffs on wheat was announced, in order to prevent price increase in food, reduction of purchasing power and shortage of wheat on domestic market. The aim was to review the effects which would result from assuming the introduction of the proposed measures. The paper presents the movement of wheat prices on international and domestic markets, analyzes the economic effects of export restrictions and lists international treaties that Serbia had accepted, and which represent an obstacle to the introduction of such measures. [ABSTRACT FROM AUTHOR]