ECONOMICS
ECONOMIC SYSTEMS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Political differences
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Lack of natural resources
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Lack of transportation
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Distance
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Detailed explanation-1: -Embargoes are considered strong diplomatic measures imposed in an effort, by the imposing country, to elicit a given national-interest result from the country on which it is imposed.
Detailed explanation-2: -Jefferson’s Embargo Act outlawed trade between America and any foreign port, effectively closing in the American economy. The Embargo Act was one of the major factors leading up to the War of 1812 as it ended up increasing the hostilities that already existed between America and Britain.
Detailed explanation-3: -Countries use embargoes to punish and deter objectionable behavior without resorting to military force, often in response to human rights violations and armed conflict. A widely observed embargo can be a powerful tool, isolating the targeted country and denying it the benefits of international trade.
Detailed explanation-4: -Afghanistan. Belarus. China. Crimea. Cuba. Eritrea. Iran. Myanmar. More items