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What is a trade embargo?

What Is an Embargo? An embargo is a trade restriction, typically adopted by a government, a group of countries or an international organization as an economic sanction. Embargoes can bar all trade, or may apply only to some of it, for example to arms imports.

What are trade sanctions?

Trade sanctions are a subcategory of economic sanctions, which are economic penalties imposed on a country to accomplish policy goals beyond the sanctioned economic activity. Trade sanctions are restrictions on trade with a country for reasons of foreign policy. Trade sanctions can be imposed to alter objectionable policies or to punish them.

Is an embargo a type of economic sanction?

Yes, an embargo is a type of economic sanction, albeit more comprehensive, restricting all forms of trade and commercial activities with the targeted entity. Is Arms Embargo a Type of Sanction?

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