Which of the terms describes one nation refusing all trade with another?
Answers
Answered by
10
The correct answer is EMBARGO. It is term that describe one nation refusing all trade with another. Embergo is an order of government to ban any trade or commercial activity in a particular nation ....
Answered by
1
Embargo is the term which describes one nation refusing all trade with another
Explanation:
- Trade is an economic activity that includes selling and purchase of goods. It can be done between parties through the exchange of products and services or between consumers and producers.
- 'International trade' refers to the 'trade that 'takes place between' 'two countries' which may 'take place through air', land routes or sea.
- Internal trade means trade within the Nation. External trade refers to trade between foreign countries and local trade refers to trade with small areas of a nation.
- Embargo is actually a ban, officially done by stopping the trade activities with a particular country.
Learn more about Embargo:
Which of the following conclusions is correct regarding the Embargo Act of 1807?
https://brainly.in/question/6548428
Under u.s. embargo regulations, dell is prohibited from selling commercial product to which of the following governments?
https://brainly.in/question/1869970
Similar questions