Embargo

Embargo

An embargo is a government order that restricts commerce or exchange with a specified country. It prohibits trade of certain goods and services.

Examples of embargoes include:

• United States embargo on Cuba.
• United Nations sanctions on North Korea.
• Economic sanctions on Iran.

Purposes of an embargo:

• Political pressure.
• Economic sanctions.
• National security.

Types of embargoes:

• Total embargo (complete ban).
• Partial embargo (specific goods and services).