What is the correct term for the restriction of exports destined for sale in another country?
A)Tariff
B)Embargo
C)Trade deficit
D)Fixed exchange

Question

Quizplus · Accepted Answer

An embargo is the restriction of exports destined for sale in another country.
Key Takeaway: An embargo is the prohibition of trade or restriction of exports with a particular country in order to isolate a particular economy. Embargoes are typically used as a diplomatic effort to gain a specific political or economic outcome on which they are posed. Embargoes are considered to be completely legal and should not be confused with blockades.

What Is the Correct Term for the Restriction of Exports