economic sanctions

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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.

economic sanctions

bilateral or multinational prohibitions (embargoes) on the EXPORT and IMPORT of goods, services and capital to and from a particular country Economic sanctions are applied as an adjunct to political pressure being brought to bear on a country by the international community for that country to change its political/economic policies.
References in periodicals archive ?
Second, economic sanction and domestic political data are more available and far more accurate for the United States.
Eventually, the Reagan administration levied economic sanctions against South Africa in September 1985 (with Congress following suit a year later).
When the Senate considered imposing economic sanctions against Iraq, Dole once again proved the old axiom that all politics is local.
economic sanctions against ASM and six other companies under the Iran Sanctions Act (ISA) of 1996, as amended by the Comprehensive Iran Sanctions, Accountability, and Divestment Act (CISADA) of 2010, for their activities in support of Iran's energy sector.
I urge the United States to stop economic sanctions against us," North Korean U.
At a press conference held after the Cabinet's session chaired by Prime Minister, Adel Safar, Minister of Information Adnan Mahmoud said the session focused on the economic sanctions imposed by the Arab League on Syria and their effects on the Syrian people.
Ebadi rejected economic sanctions and labeled them punishment for the people of Iran rather than for the regime.
The foreign ministry added that nations of the world have agreed that economic sanctions represent a threat to peace and social security and leads to escalation and prolongation of the conflicts.
The United States' and European Union's economic sanctions against Russia are finding little support in Greece, where the country remains popular, and the loss of trade has hurt the already fragile economy.
European Union governments agreed on Wednesday to extend economic sanctions on Russia over its actions in Ukraine by six months until Jan.
He underlined the significance of economic growth and the future of the country's economy once economic sanctions are removed.
Increasingly, the United States is using economic sanctions to promote American foreign, political, and economic policy objectives.

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