SSC MTS EXAM

Detailed explanation-1: -An embargo (from the Spanish embargo, meaning hindrance, obstruction, etc. in a general sense, a trading ban in trade terminology and literally “distraint” in juridic parlance) is the partial or complete prohibition of commerce and trade with a particular country/state or a group of countries.

Detailed explanation-2: -An embargo is a government mandate, which will restrict the trade and commercial activities with a particular country or trading of particular goods. An embargo is ruled out when there is a disconnect between the two nations due to several political and economic rifts.

Detailed explanation-3: -An embargo is a strategic decision of a nation. One nation decides to stop trading goods or services with another. This restriction is applicable for a specific period. Most trade restrictions are caused by political or economic issues.

Detailed explanation-4: -ban, restraint, bar, barrier, blockage, check, hindrance, impediment, interdict, interdiction, proscription, stoppage.