Which term refers to coordinated international sanctions imposed on countries due to violations of international law or conflicts?
A
Trade embargo
B
Economic sanctions
C
Currency peg
D
Tariff escalation
Correct Answer: Option B — Economic sanctions
Explanation:
Economic sanctions refer to coordinated restrictive measures imposed by countries or international bodies on nations, entities, or individua...
Economic sanctions refer to coordinated restrictive measures imposed by countries or international bodies on nations, entities, or individuals, often in response to violations of international law, conflicts, or human rights concerns.