WORLD HISTORY

POST COLD WAR WORLD

INTEGRATION OF EUROPE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Is this a tariff, a quota, or an embargo?The European Union restricts all imports of sugar from Cuba
A
Tariff
B
Quota
C
Embargo
D
None of the above
Explanation: 

Detailed explanation-1: -Although the EU lifted economic sanctions against the nation in 2008, it reviews the situation annually. After the death of another dissident in Cuba in March 2010, the European Parliament put forward a resolution against Cuba and calling for the release of political prisoners.

Detailed explanation-2: -Latest Updates. The expert said Cuba had worked a similar deal after last year’s disastrous harvest, importing some sugar from Brazil.

Detailed explanation-3: -The United States embargo against Cuba prevents U.S. businesses, and businesses organized under U.S. law or majority-owned by U.S. citizens, from conducting trade with Cuban interests. It is the most enduring trade embargo in modern history.

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