BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -What is an Embargo? An embargo is a government restriction placed on the import or export of goods, services, currency, and other values to any other country or state. It can be imposed both in war and peacetime, covering all aspects of trade and economic activity.

Detailed explanation-2: -TM: An embargo is a product announcement, product demo or product review unit shared with journalists before the announcement goes public.

Detailed explanation-3: -1 : an order of a government prohibiting the departure of commercial ships from its ports. 2 : a legal prohibition on commerce. 3 : stoppage, impediment; especially : prohibition.

Detailed explanation-4: -An embargo (from the Spanish embargo, meaning hindrance, obstruction, etc. in a general sense, a trading ban in trade terminology and literally “distraint” in juridic parlance) is the partial or complete prohibition of commerce and trade with a particular country/state or a group of countries.

Detailed explanation-5: -A government boycott is an absolute restriction against the purchase and importation of certain goods from other countries. An embargo is a refusal to sell to a specific country. A public boycott can be either formal or informal and may be government sponsored or sponsored by an industry.