ECONOMICS
TRADE EXCHANGE AND INTERDEPENDENCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The United States currently has this type of trading agreement with North Korea.What is this an example of?
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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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Explanation:
Detailed explanation-1: -On 12 January 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control imposed sanctions on five North Korean officials accused of being responsible for procuring goods for the DPRK’s weapons of mass destruction (WMD) and ballistic missile-related programs.
Detailed explanation-2: -United States Exports to North Korea was US$4.32 Thousand during 2018, according to the United Nations COMTRADE database on international trade. United States Exports to North Korea-data, historical chart and statistics-was last updated on March of 2023.
Detailed explanation-3: -Afghanistan. Belarus. China. Crimea. Cuba. Eritrea. Iran. Myanmar. More items
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