answersLogoWhite

0


Best Answer

There are a tremendous number of ways in which one country can express discontent with another, ranging in severity all the way from the release of a subtle, negative remark, up to outright warfare. Economic sanctions fall somewhere near the relative middle of this spectrum.

Depending on the nature of the economic sanction (complete cessation of trade, restriction of trade to only aid items, blockades), the target can be surgically chosen. A classic example would, for instance, involve Western sanctions against Iran/Persia. Iran is rich in oil, but the rest of their economy is not as effective. Employing an economic sanction that eliminates outgoing oil sales completely would have very serious and destructive effects on their overall economy, and from there, their political infrastructure (note: I choose Iran for no other reason and it allows me an easy example, in that their trade spectrum is very narrow).

Hopefully more humanitarian and less destructive than military action, economic sanctions are a political tool of mid-range potency.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

12y ago

to make sure there is harmony in the movement of the economy

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the purpose of economic sanctions?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Economic sanctions are often used for the purpose of:?

pressuring a country's leaders to change their behavior


What are some consequences of trading?

trade embargoing and trade sanctions and economic sanctions.


What is designed to restrict a country's economic activities?

Sanctions


What has the author M S Daoudi written?

M. S. Daoudi has written: 'Economic sanctions, ideals and experience' -- subject(s): Economic sanctions, Sanctions (International law) 'Economic diplomacy' -- subject(s): Foreign economic relations, Foreign relations, Petroleum industry and trade, Political aspects of Petroleum industry and trade


How would economic sanctions help end apartheid?

economic sanctions would seriously damage the south african economy :) novanet cheeter


What is the number one cause of economic sanctions?

There are two main reasons why economic sanctions are put in place. They are for threatening security as we are seeing in North Korea or for human rights violations.


What are the measures taken to stop trade and other economic contacts with a nation that has broken international law?

Vocabulary Activity 31? Either Sanctions or Trade Embargo Answer is Sanctions


To have democracy south Africa had to overcome?

Economic Sanctions....i think


What are economic sanctions?

The economic sanctions refers to the domestic penalties that are applied by one country to another country. The economic sanctions usually come in various forms like restrictions on the financial transactions and trade barriers.


What does it mean for a country to place economic sanctions on another country?

Economic sanctions are domestic penalties applied from one country to another. Usually it involves trade barriers and restrictions on financial transactions.


What is one of the navys MOOTW roles is to enforce economic sanctions?

True


Will Iran continue to have economic problems?

Iran's economic problems are contingent on the numerous sanctions imposed on the countries. If Iran can reconcile with the West, the sanctions may be lifted and the Iranian economy would do well again.