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Charra [1.4K]
3 years ago
9

One country refuses to sell goods to its neighboring country based on the belief that the neighboring country harbors radicals a

nd terrorists. In this case, the refusal is most accurately referred to as a(n):
A. antidumping penalty.
B. embargo.
C. monetary barrier.
D. orderly market agreement.
E. voluntary export restraint.
Business
1 answer:
likoan [24]3 years ago
4 0

Answer:

B, embargo

Explanation:

An embargo can be defined as an official ban on trading or commercial activites on a country by another country or group of countries.

This is mostly as a form of economic punishment for the erring country as a result of it flouting a certain agreement or over security concerns.

A clear and recent example is the laying of embargo by POTUS Donald J. Trump on Iran for its recent behavior.

Cheers.

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