Economics · International Trade
An embargo in international trade is best described as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A limit placed on the absolute quantity of a good that can be imported
- 2A financial subsidy given to domestic exporters to boost trade
- 3A tax levied on imported goods to protect domestic industries
- 4A government order that restricts commerce or exchange with a specified country✓
Correct answer
A government order that restricts commerce or exchange with a specified country
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