sentences:  These welfare losses could be very high when quantitative export restriction measures are applied when there is prohibitions on certain goods that have a low price elasticity of demand, or when there is export taxes on good with very high elasticity of demand.If supply is inelastic, export restrictions of supply increase the price of the good exported on a global level in the short run.However, in the long run, welfare losses will decrease because supply and demand curves will eventually adjust.