1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Pavel [41]
3 years ago
14

What are the pros and cons of implementing an embargo on a country? Do you think that implementing this barrier usually has a po

sitive result? Explain your answer.
History
1 answer:
hammer [34]3 years ago
4 0
A trade embargo is a law or policy a state initiates which prohibits or otherwise restricts the importation/exportation of goods. 

Limitations on imports do protect domestic industry. If I were to say, embargoes usually create positive results, particularly in this sector. First, it increases consumption of local goods. Second, as the consumption of local goods increases, so does the demand. To satisfy the growing consumer demand, domestic producers have to produce more products. This should lead to the creation of more jobs. Third, it enhances national security. The national security of a government that heavily imports military weapons can be compromised should the exporting country restrict the export of the weapons. To prevent this from happening, a government, especially that of a developed country, tries to encourage domestic production of defense equipment. It also adopts a trade embargo or bans the importation of the equipment. 

Embargoes, however, also reduces consumer choice. In many cases, businesses take advantage of the trade barriers and make cheap goods. Because the consumers have no other choice but to buy the more available domestic goods, they are forced to buy low quality goods.
You might be interested in
Wny are House reps more responsive to the public than senators?
AysviL [449]
House reps are more responsive to the public because they are there to represent the public and what they want. the senators make their own decisions dependant on their opinion
8 0
3 years ago
Why was there an American Revolution?
mr_godi [17]

Answer:

So america can be it's own nation and get out of British rule.

Explanation:

8 0
3 years ago
What contributed to the growth of Hinduism? Select all that apply.
Rashid [163]

A & C are SOME of the possible answers.

5 0
4 years ago
How did Traute Grier describe her experience? What was her point of view? Describe your answer in at least two sentences.
garik1379 [7]

Traute Grier explained her experiences as her being scared of the Russians. She felt nothing could ever be worse than falling into the hands of her Russian enemies that had, just three years prior, taken down Berlin. She is telling this in first person point of view, reliving her own experiences.


6 0
3 years ago
Read 2 more answers
How do you think the United States can become less dependent on the middle east for oil?
vaieri [72.5K]
America has tons of natural gas
7 0
3 years ago
Read 2 more answers
Other questions:
  • Why were japanese americans held in internment camps answers?
    15·2 answers
  • Which of the following sentences is correctly punctuated?
    7·1 answer
  • The answer chooses for each one are Taoism, Buddhism, Confucianism, and Hinduism I need help plz!!!!
    12·1 answer
  • What has jonathan Edwards passed on to us
    12·1 answer
  • River deltas such as the Mississippi River delta developed due to?
    6·2 answers
  • Gioachino Rossini (1792-1868) was the most celebrated composer during the 1820s, even exceeding by far Beethoven's fame. This wa
    12·1 answer
  • Who were known as the abolitionists?
    7·2 answers
  • Beowulf is considered an epic poem because it
    5·1 answer
  • Help me please someone i need help !!
    9·1 answer
  • Based on what you already know about the american frontier, what obstacles do you think american settlers had to overcome to con
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!