USA HISTORY

Detailed explanation-1: -In journalism and public relations, a news embargo or press embargo is a request or requirement by a source that the information or news provided by that source not be published until a certain date or certain conditions have been met.

Detailed explanation-2: -An embargo is a government restriction placed on the import or export of goods, services, currency, and other values to any other country or state.

Detailed explanation-3: -The often overlooked impact of trade barriers – be it tariffs, quotas, tariff quotas, or embargoes – are the price effects borne by consumers. Any trade barrier enacted will increase the price of that good. All else the same, the higher prices will result in a decrease in the quantity of the good demanded.

Detailed explanation-4: -Sanctions and embargoes are political trade tools, mainly put in place by the United Nations ( UN ) and the European Union ( EU ). The main aim of all UN sanctions and embargoes, as set out in the UN Charter, is to implement decisions by its Security Council to maintain or restore international peace and security.