Embargo

This political cartoon is most associated with which event?

• War of 1812

• British Impressment

• the Embargo of 1807

• Jackson's presidency

The Embargo Act of 1807

• prohibited American ships from leaving their ports

• prohibited French & British ships from entering US ports

• boosted trade and business throughout the country

• was enacted by James Madison

The Embargo Act of 1807 had a ____________ impact on American business

• positive

• neutral

• negative

Answer explanation

business fell 75% in one year after the Embargo

A stop or ban on imported goods from a country is ________.

• a tariff

• a quota

• an embargo

What is an embargo?

• A tax on exports

• A limit on the amount of goods that can be produced domestically

• A government order that restricts commerce or exchange with a specified country

• A financial aid given to domestic producers

Germany places a block on all imports from Sri Lanka

• tariff

• quota

• embargo

The European Union places a block on all oil imports from Syria.

• tariff

• quota

• embargo

Spain restricts all imports of automobiles from Germany

• tariff

• quota

• embargo

Russia refuses to import goods from Moldova.

• tariff

• quota

• embargo

What did the Embargo Act of 1807 do (check all that are correct).

• caused economic problems for the United States

• ended British Impressment

• increased unemployment

• forbid trade with ALL foreign nations

• only let ships sail between U.S. ports