An embargo is:

Question

An embargo is:

Quizplus · Accepted Answer

An embargo is the strongest limit on trade where a country prohibits the import or export of goods or services to a particular country. It is a form of economic sanction and is often used as a political tool to force a country to change its behavior on a particular issue. An ad valorem tariff is a tax on the value of a good that is being imported or exported, but it is not as strong as an embargo. A law that allows free trade with another country is known as a free trade agreement, which is the opposite of an embargo. A direct tax on production is a different concept altogether and is not related to international trade.

An Embargo Is