Final answer:
A government boycott is a true form of economic action that partially restricts trade with another nation to pressure or penalize it for certain policies, often including measures like ceasing trade, tariffs, and quotas.
Step-by-step explanation:
A government boycott is indeed a partial restriction on the purchase and importation of certain goods and/or services from other countries. This form of economic action is one way that nations attempt to exert pressure on or penalize other countries for specific policies or actions. The true nature of a government boycott can include measures such as ceasing trade, which means that goods from the targeted country cannot be sold in the boycotting country and vice versa. An example of this is the economic sanctions that were placed on Iran due to its nuclear program, which were later lifted under the Iran nuclear deal once Iran agreed to halt its development in this area.
Trade can also be influenced by tariffs or quotas implemented by the government, which are forms of protectionist trade policies. Tariffs are taxes on imported goods that make these goods more expensive relative to domestic products, thereby discouraging their importation. Quotas, on the other hand, directly limit the quantity of a foreign product that can be imported. These tactics are all intended to influence international trade dynamics, often to protect domestic industries from foreign competition.