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Taxes increase how much things cost from a different country, thereby slowing trade. But completely refusing to trade with Another Country is an embargo. Such as the U.S put on Cuba

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15y ago

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During this event a country stops all trade with another country?

Embargo.


What happens during this event a country stops all trade with another country?

When a country stops all trade with another country, it typically imposes a trade embargo or sanctions, which can severely impact the economy of the affected nation. This leads to shortages of goods, inflation, and potential job losses in sectors reliant on trade. Additionally, diplomatic relations may deteriorate, potentially escalating tensions or conflicts. The halting of trade can also affect global supply chains and markets, influencing prices and availability of products internationally.


During this event a country stops all trade with another country.?

Embargo.


What did rulers of a protectorate have to do in exchange for protection from rebellions and invasions?

trade with Another Country


What prohibited trade trade with another country?

The Embargo Act!


When a country grant another country mfn status in mutual trade it mean?

it means when a country asked another country to trade they say it on status


How do you define import?

An import is the trade that a country takes in from other countries, where areas are an export is the trade that a country would trade from their country to another country.


What is the effect of trade sanctions?

it blocks trade from another country


What is trade bloc?

a trade bloc is where a country or town is trading goods but something goes wrong and everything stops until the problem is resolved!


Is a ban on trade with another country?

An embargo


Prohibits trade with another country?

Embargo


Embargo?

a refusal to trade with another country