Trade Embargo

Trade embargo in Global Commerce Policy

In this regard, trade embargo is: a ban on trade with a specified country, usually imposed through a United Nations decision, but sometimes based on unilateral or regional action. The entries on trade policy are here. An example of a justification for a trade embargo can be found in the security exceptions written into the GATS and GATT which specifically allow the suspension of obligations under the agreements if this is necessary for conforming with United Nations decisions. See also United Nations economic sanctions.[1]

Trade embargoin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Trade embargo” entry (OAS)

See Also