Embargo

law banning American businesses from doing any foreign trade

• Embargo Act

• Neutrality Proclamation

• Financial Plan

• Alien Acts

This is the most restrictive of the trade restrictions a nation can use to close off all importation of a product.

• tariff

• quota

• subsidy

• embargo

The main justification for an embargo on foreign goods is to

• Punish a nation

• raise revenue

• Increase consumption or the good

Is this a tariff, a quota, or an embargo?

The European Union places a block on all Syrian imports

• Tariff

• Quota

• Embargo

a trade barrier that blocks trade with a country

• Tariff

• boycott

• quota

• embargo

• trade barrier

Is this a tariff, a quota, or an embargo?

The European Union places a block on all German imports

• Tariff

• Quota

• Embargo

Is this a tariff, a quota, or an embargo?

The European Union restricts all imports of sugar from Cuba

• Tariff

• Quota

• Embargo

Which of the following is an example of an embargo?

• A) A country imposing a tax on imported goods

• B) A country limiting the number of goods imported

• C) A country banning all trade with another country

• D) A country providing subsidies to local businesses

What is the primary purpose of an embargo?

• A) To increase government revenue

• B) To protect domestic industries

• C) To punish or pressure another nation

• D) To encourage international trade

Which historical event is an example of an embargo?

• A) The Boston Tea Party

• B) The Cuban Missile Crisis

• C) The United States' embargo on Cuba

• D) The signing of the Treaty of Versailles