ECONOMICS
TRADE EXCHANGE AND INTERDEPENDENCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Merchants are able to continue doing business.
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People in the country are not affected by the embargo.
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The country does not need to trade with other countries.
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The citizens in the country suffer because of the embargo and demand a change from their government.
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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: -embargo -BAHR-goh noun. 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. 4 : an order by a common carrier or public regulatory agency prohibiting or restricting freight transportation.
Detailed explanation-3: -An embargo can block the importation of important goods and services to the civilian population of the state that is subject to the restriction. In a state that imposes an embargo, businesses may lose the ability to trade or invest in the state that is subject to the embargo.
Detailed explanation-4: -Afghanistan. Belarus. China. Crimea. Cuba. Eritrea. Iran. Myanmar. More items