Sanctions: Difference between revisions
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''International trade.'' | 1. ''International trade.'' | ||
In the context of international trade, sanctions are government regulations which prohibit trade with specified countries or prohibit the trading of particular goods (usually military in nature) with specified countries. | In the context of international trade, economic sanctions are government regulations which prohibit trade with specified countries or prohibit the trading of particular goods (usually military in nature) with specified countries. | ||
2. ''International relations.'' | |||
Sanctions may also impose tariffs, other economic disadvantages or sporting or cultural restrictions on a specified country, with the aim of exerting political pressure on its government. | |||
3. ''Law - international law.'' | |||
More broadly, a sanction can be any legally imposed penalty, punishment, or the threat of one. | |||
== See also == | == See also == | ||
* [[Blocking Regulation]] | * [[Blocking Regulation]] | ||
* [[International law]] | |||
* [[International trade]] | * [[International trade]] | ||
* [[Law]] | |||
* [[OFAC]] | * [[OFAC]] | ||
* [[OFSI]] | * [[OFSI]] | ||
Revision as of 16:49, 1 November 2021
1. International trade.
In the context of international trade, economic sanctions are government regulations which prohibit trade with specified countries or prohibit the trading of particular goods (usually military in nature) with specified countries.
2. International relations.
Sanctions may also impose tariffs, other economic disadvantages or sporting or cultural restrictions on a specified country, with the aim of exerting political pressure on its government.
3. Law - international law.
More broadly, a sanction can be any legally imposed penalty, punishment, or the threat of one.
