An embargo is a prohibition or suspension of foreign trade of specific imports or exports. This can be imposed by a government for various reasons such as political, economic, or security reasons. It is a complete ban on trade with a particular country or on a particular product.

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An Embargo Is

Question 60

Multiple Choice

An embargo is:

A) a duty,or tax,that a government puts on products that are imported into the country.
B) the maximum amount of a product that can be imported or exported.
C) a law that a government uses to regulate products that are imported into the country.
D) a prohibition or suspension of foreign trade of specific imports or exports.

Correct Answer: