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QA › Politology › Which type of trade barrier is explicitly used for political purposes?

Which type of trade barrier is explicitly used for political purposes?

A. standards

B. embargoes

C. quotas

D. tariffs

Answer: B. embargoes

A government order used to restrict trade and commerce within a particular country is an embargo. Embargoes result from unfavorable economic or political circumstances between two countries. To put a country in isolation and create sensitive difficulties for the country’s governing body, an embargo is placed and this, in turn, forces the affected country to amend the issue that led to the enforcement of the embargo. An embargo is a very powerful tool and is capable of influencing the economic and political aspects of a nation.

Politology

3 years ago

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