A penalty, applied by one country against another, that restricts trading activity. Trade sanctions may involve goods that are prohibited from being imported. A country also may assess excise duties on particular goods in retaliation for another country’s trade sanctions.
trade sanctions - Investment & Finance Definition
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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"Trade sanctions." YourDictionary. LoveToKnow. www.yourdictionary.com/trade-sanctions.
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Trade sanctions. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/trade-sanctions
