Question

Which describes a trade sanction?

O policy restricting imports or exports
O refusal to trade with a company or country
O agreement to open markets to international trade
Orestriction on all trade with a particular country

Answer 1

A trade sanction is a policy that restricts imports or exports and involves the refusal to trade with a specific entity or country. It is a form of economic punishment.

Step-by-step explanation:

A trade sanction refers to a policy that restricts imports or exports, as well as the refusal to trade with a specific company or country. It is a form of economic punishment that aims to achieve political or economic goals.

An example of a trade sanction is the embargo imposed on Cuba by the United States, which restricts trade between the two countries.

Trade sanctions can also involve the imposition of tariffs, quotas, or other trade barriers.

Learn more about Trade sanctions