ECONOMICS
TRADE EXCHANGE AND INTERDEPENDENCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Iraq needs economic help.
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Iraq’s oil industry needs protection.
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Iraq’s oil is not good enough to be exported.
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Iraq is in violation of a United Nations rule.
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Detailed explanation-1: -The original stated purposes of the sanctions were to compel Iraq to withdraw from Kuwait, to pay reparations, and to disclose and eliminate any weapons of mass destruction (WMD). In December 2021, Iraq’s central bank announced that it had paid off its entire debt of $52 billion in war reparations to Kuwait.
Detailed explanation-2: -U.N. Security Council Resolution 1441, passed by unanimous vote in November 2002, made it clear the then status quo in Iraq was what was illegal. Saddam had already violated some 17 previous resolutions demanding his verifiable disarmament.
Detailed explanation-3: -US and UK officials have argued that existing UN Security Council resolutions related to the 1991 Gulf War and the subsequent ceasefire (660, 678), and to later inspections of Iraqi weapons programs (1441), had already authorized the invasion.
Detailed explanation-4: -Sanctions of 1979 The United States sanctions against Iran were imposed in November 1979 after radical students seized the American Embassy in Tehran and took hostages.