Sanctions

Question

Sanctions

Quizplus · Accepted Answer

Sanctions are a form of restriction on trade that can take many different forms, such as imposing tariffs or embargoes, banning certain goods or services, or limiting financial transactions. Sanctions can be imposed by individual countries or by groups of countries, and they are typically used as a tool for influencing the behavior of another country or government. Sanctions are not necessarily an all-out prohibition of trade, and they can be targeted at specific industries, individuals or groups rather than being applied to an entire country. They are also not the use of an export license to provide materials to a third party not included on the license, nor are they multilateral efforts to restrict imports and exports.