Embargo: Difference between revisions

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	{{Otheruses4\|the economic term\|press embargoes\|Embargo (journalism)}}
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	In international ] and ], an '''embargo''' is the prohibition of commerce (division of trade) and trade with a certain country, in order to isolate it and to put its government into a difficult internal situation, given that the effects of the embargo are often able to make its economy suffer from the initiative.
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	The embargo is usually used as a political punishment for some previous disagreed policies or acts, but its economic nature frequently raises doubts about the real interests that the prohibition serves.

	One of the most comprehensive attempts at an embargo happened during the ]. In an attempt to cripple the ] economically, the ]- which forbade ] from trading with the ]- was created. In practice it was not completely enforceable and was as harmful if not more so to the nations involved than to the British.

	The United States had imposed an embargo on Cuban Castro government on February 7,1962.<ref>http://en.wikipedia.org/United_States_embargo_against_Cuba</ref>Although the ] of the ] does not prohibit participation in an embargo it does prohibit participation in a secondary embargo. This occurs when one country pressures a business to stop doing business with a third country over issues with which the business is not directly involved. Not only is an American business required not to participate in a secondary embargo, but is also required to report all attempts to get a business to participate in a secondary embargo. The situation which led to these laws are attempts by ] to prevent American companies from doing business with ] and ].

	While traditionally considered an act of ]<ref>{{cite web \|url=http://www.crimesofwar.org/thebook/blockade-act-war.html \|title=Blockade as Act of War \|accessdate=2008-10-13 \|publisher=Crimes of War Project}}</ref>, in modern practise this is not necessarily so and an act of embargo is much more complex. The typical reaction is the development of an ].


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Latest revision as of 13:41, 13 December 2024

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Economic sanctions

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