Which of the Following Is True of Trade Embargoes

question 2

Multiple Choice

Which of the following is true of trade embargoes?

• A)A trade embargo refers to a uniform tariff being imposed on all imported products by a country.
• B)Embargoes are discriminatory restrictions or bans on economic exchange.
• C)Unlike other trade restrictions, a trade embargo does not harm the imposing country.
• D)Trade embargoes refer to import bans on tangible goods, and not services.

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