ECONOMICS
BARRIERS TO TRADE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Tariff
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Quota
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Embargo
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None of the above
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Detailed explanation-1: -The UN Security Council in December 2006 unanimously adopted Resolution 1737, which inter alia, established an embargo on the export to and import from Iran of certain items and technology potentially related to nuclear weapons.
Detailed explanation-2: -United Nations Security Council Resolution 2 – passed on 30 January 1946. Encouraged Iran and the Soviet Union to resolve their conflict concerning Soviet troops occupying Iranian territory. The Security Council requested to be updated on negotiations between the two sides at any time. Unanimously adopted.
Detailed explanation-3: -Resolution 1929 It also increased the number of Iranian individuals and companies listed on a travel ban and froze their assets. Iran was prevented from transferring, importing, and exporting missiles or missile systems, such as ballistic missiles, and heavy weapons such as battle tanks, combat aircraft, and warships.
Detailed explanation-4: -Security Council Resolution 2231 (July 17, 2015), which endorsed the JCPOA, provided for a ban on the transfer of arms to or from Iran until October 18, 2020. The Trump Administration, supported by many in Congress, sought to extend the ban in order to try to prevent Iran from acquiring new conventional weaponry.