WORLD HISTORY

HISTORY

HISTORY OF THE MIDDLE EAST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A government seeking to accomplish which of the following would be likely to implement an embargo?
A
protect the jobs of domestic workers
B
increase the profits of domestic manufacturers
C
encourage a country to change a policy
D
expand consumer choice and economic opportunity
Explanation: 

Detailed explanation-1: -At times, trade embargoes work because they can contribute to more peace and stability, and they can even prevent the debilitation of human rights violations, terrorism, aggression and nuclear threat.

Detailed explanation-2: -They are coercive measures applied against States, non-State entities or individuals that pose a threat to international peace and security.

Detailed explanation-3: -A nontariff barrier is a trade restriction–such as a quota, embargo or sanction–that countries use to further their political and economic goals.

Detailed explanation-4: -First, contact either the OFAC on 202-622-2490 or OFAC feedbacktreasury.gov or the BIS on 202-482-4811 to determine whether your shipment requires an export license. If your shipment requires an export license then your export information must be filed in ACE in order to receive an ITN.

There is 1 question to complete.