Economics · International Trade
An embargo is defined as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The practice of using the direct quote for exchange rates.
- 2A specific type of agreement that promotes free trade.
- 3A specific type of quota or ban that prohibits all trade with a nation.✓
- 4The practice of using the indirect quote for exchange rates.
Correct answer
A specific type of quota or ban that prohibits all trade with a nation.
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