Question

_____ refer to governmental actions that distort the free flow of trade in goods, services, or ideas for decidedly adversarial and political, rather than strictly economic, purposes

Answer 1

Answer: Trade Sanctions and embargoes

Explanation:

Trade sanctions refers to trade penalties imposed by one country on another country. The aim of imposing trade sanctions is to make trading difficult for the country bearing the sanctions to trade with the country imposing the sanction. For instance, if China impose trade sanction on Nigeria, it will be difficult or almost impossible for Nigeria to trade with China.

Trade sanction is a kind of punishment to the country it is imposed on.

Embargo on the other hand is also a trade sanction in which the government of a particular country orders that trade should be restricted with a specific country or exchange of a specific commodity.

Trade sanction and embargo are designed to isolate a country and create difficulties in trading with the country imposing the sanction.