Concept information
Preferred term
trade sanctions
Definition
- The term trade sanctions refers to actions by which governments try to fulfill political or economic goals by using international trade as a policy instrument. Some other terms such as trade embargoes, boycotts, and economic sanctions are often used interchangeably and loosely to describe similar actions. [Source: Encyclopedia of Business in Today's World; Trade Sanctions]
Broader concept
Narrower concepts
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/trade_sanctions
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