What does economic sanctions mean?

Definitions for economic sanctions
eco·nomic sanc·tions

This dictionary definitions page includes all the possible meanings, example usage and translations of the word economic sanctions.

Wikipedia

  1. Economic sanctions

    Economic sanctions are commercial and financial penalties applied by one or more countries against a targeted self-governing state, group, or individual. Economic sanctions are not necessarily imposed because of economic circumstances—they may also be imposed for a variety of political, military, and social issues. Economic sanctions can be used for achieving domestic and international purposes.The efficacy of sanctions is debatable—there are many failures—and sanctions can have unintended consequences. Economic sanctions may include various forms of trade barriers, tariffs, and restrictions on financial transactions. Since the mid-1990s, United Nations Security Council (UNSC) sanctions have tended to target individuals and entities, in contrast to the comprehensive embargoes of earlier decades.An embargo is similar, but usually implies a more severe sanction. An embargo (from the Spanish embargo, meaning hindrance, obstruction, etc. in a general sense, a trading ban in trade terminology and literally "distraint" in juridic parlance) is the partial or complete prohibition of commerce and trade with a particular country/state or a group of countries. Embargoes are considered strong diplomatic measures imposed in an effort, by the imposing country, to elicit a given national-interest result from the country on which it is imposed. Embargoes are generally considered legal barriers to trade, not to be confused with blockades, which are often considered to be acts of war. Embargoes can mean limiting or banning export or import, creating quotas for quantity, imposing special tolls, taxes, banning freight or transport vehicles, freezing or seizing freights, assets, bank accounts, limiting the transport of particular technologies or products (high-tech) for example CoCom during the Cold War.In response to embargoes, a closed economy often develops in an area subjected to heavy embargoes. The effectiveness of embargoes is thus in proportion to the extent and degree of international participation. Embargoes can be an opportunity for some countries to develop self-sufficiency.

Wikidata

  1. Economic sanctions

    Economic sanctions are domestic penalties applied by one country on another country. Economic sanctions may include various forms of trade barriers and restrictions on financial transactions. Economic sanctions are not necessarily imposed because of economic circumstances — they may also be imposed for a variety of political and social issues. Economic sanctions can be used for achieving domestic political gain.

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Numerology

  1. Chaldean Numerology

    The numerical value of economic sanctions in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of economic sanctions in Pythagorean Numerology is: 2

Examples of economic sanctions in a Sentence

  1. Marco Rubio Rubio:

    What the President is banking on is that he's going to use a national security waiver to lift the sanctions on Iran, the economic sanctions that now exist. And we would simply re-impose the sanctions.

  2. Scott Walker:

    As president, on my very first day going forward, I would pull back -- I would terminate that bad deal with Iran completely on day one, i would then put in place crippling economic sanctions against Iran, and I'd convince our allies that this is not a country we should be doing business with.

  3. Benjamin Weinthal:

    The number of Christians in Iran is estimated at between 200,000 and 500,000, out of an overall population of nearly 78 million. Although the Islamic Republic’s constitution guarantees on paper that Christianity, Judaism, and Zoroastrianism are protected religions, the application of Sharia Law — or Islamic Law — relegates the members of the minority religions to second class citizens. The historical term for a subjugated non-Muslim religious minority member living in an Islamic society is dhimmi. In response to multiple FoxNews.com media queries about the convicted Iranian Christians, Hamid Babaei, head of the press office in the Mission of the Islamic Republic of Iran to the United Nations in New York, declined to comment. Saba Farzan said the latest crackdown is further affirmation that the current talks between the U.S. and Iran on lifting economic sanctions in exchange for guarantees Iran won't pursue nuclear weapons can not proceed in good faith. They never made sense and never will, Saba Farzan said. The West can't discuss arms control with a leadership that oppresses religious minorities and human rights activists.

  4. John Bolton:

    If they're not willing to do it, Donald Trump has been very clear they're not going to get relief from the crushing economic sanctions that have been imposed on them and we'll look at ramping those sanctions up in fact.

  5. Chiao Chun:

    This time, Mainland China announced these economic sanctions against the backdrop of large-scale military drills, if you think of the military drills as the main protagonist, there must be other supporting roles. Hence the Commerce Ministry also enacted economic sanctions to support( China's) intimidation.

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"economic sanctions." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/economic+sanctions>.

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