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Trade Sanction
(redirected from Sanctions, Trade)

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Trade Sanction
One or more trade barriers that a country places upon another country as a punitive action. A country may institute a trade sanction because it disagrees with its trade policies; for example, if country A subsidizes domestic corn so that it reduces demand for country B's imports, country B may restrict the import of country A's wheat as punishment. Alternatively, a trade sanction may occur when two countries disagree on a more fundamental level. A trade sanction should not be confused with an economic sanction.
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Japan's top oil explorer Inpex may pull out of an oil field project in Iran, joining other global firms in abandoning activities there to avoid US sanctions, trade minister Akihiro Ohata said.
Inpex may quit Iran over US sanctions, says minister by Oil & Gas News
Categories: July 29, 2010, Export regulation, Exporting, Foreign governments, Foreign trade policies, International economic relations, International relations, International trade, International trade regulation, International trade restriction, Iran, Natural gas, Petroleum exploration, Restrictive trade practices, Sanctions, Trade regulation
Iran Sanctions: New Act Underscores Importance of Comprehensive ... by General Accounting Office Reports & Testimony
They may be dressed-up as economic sanctions, trade barriers, commerce incentives or trade equalizers, but underneath all the verbal finery, a tariff is a weapon, a double-edged sword.
Making a double-edged sword--if you can get the steel. (Editor's ... by Mullally, John / Modern Applications News
 
 
 
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