Question

A country has an embargo against another, and does not allow trade. Why might the embargo be lifted?

Answer 1

Answer:

it becomes more self-sufficient This is all i know srry but if you need any help on something else i can try to help you :)

Explanation:

A "trade embargo" refers to the official banning of trade, both imports and exports of goods and services, in a country. This means that the restricted country will not be allowed to import nor export products and services with another country.

This kind of situation puts a strain on the country's economic situation. Its economy spirals down which means many people will lose their jobs; so the level of unemployment will definitely decrease. People will not be eager to settle permanently into such country; thus, immigration will decrease. In order to cope with the situation, the country will try to become more self-sufficient. It will try to produce the necessary goods and services on its own in order to keep the economy thriving. One common example of this is the country of North Korea which follows a"closed economy."