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.
to make sure there is harmony in the movement of the economy
Vocabulary Activity 31? Either Sanctions or Trade Embargo Answer is Sanctions
Economic sanctions are domestic penalties applied from one country to another. Usually it involves trade barriers and restrictions on financial transactions.
to protest the system of apartheid
D. Sanctions.
Pakistan
pressuring a country's leaders to change their behavior
trade embargoing and trade sanctions and economic sanctions.
Sanctions
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
economic sanctions would seriously damage the south african economy :) novanet cheeter
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.
Vocabulary Activity 31? Either Sanctions or Trade Embargo Answer is Sanctions
Economic Sanctions....i think
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.
Economic sanctions are domestic penalties applied from one country to another. Usually it involves trade barriers and restrictions on financial transactions.
True
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.