economic sanctions

economic sanctions
Action taken by one country or group of countries to harm the economic interest of another country or group of countries, usually to bring about pressure for social or political change. Sanctions normally take the form of restrictions on imports or exports, or on financial transactions. They may be applied to specific items or they may be comprehensive trade bans. There is considerable disagreement over their effectiveness. Critics point out that they are easily evaded and often inflict more pain on those they are designed to help than on the governments they are meant to influence. They can also harm the country that imposes sanctions, through the loss of export markets or raw material supplies. In addition the target country may impose retaliatory sanctions. See also embargo

Big dictionary of business and management. 2014.

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  • Economic sanctions — are domestic penalties applied by one country (or group of countries) on another for a variety of reasons. Economic sanctions include, but are not limited to, tariffs, trade barriers, import duties, and import or export quotas.Economic sanctions… …   Wikipedia

  • economic sanctions — ➔ sanction * * * economic sanctions UK US noun [plural] ► GOVERNMENT actions taken by a country or organization against the economy of another country, such as refusing to trade with it, in order to force it to obey a law or a set of rules: »The… …   Financial and business terms

  • economic sanctions — /ˌi:kənɒmɪk sæŋkʃ(ə)ns/ plural noun restrictions on trade with a country in order to influence its political situation or in order to make its government change its policy ● to impose economic sanctions on a country …   Dictionary of banking and finance

  • 2006-2007 economic sanctions against the Palestinian National Authority — The 2006 2006 economic sanctions against the Palestinian National Authority were economic sanctions imposed by Israel and the Quartet on the Middle East against the Palestinian National Authority following the January 2006 legislative elections… …   Wikipedia

  • international economic sanctions — tarptautinės ekonominės sankcijos statusas Aprobuotas sritis tarptautinė politika apibrėžtis Civilinės, dvejopos paskirties prekių, karinės įrangos, paslaugų ir technologijų importo, eksporto, reeksporto ir tranzito, įskaitant tarpininkavimą,… …   Lithuanian dictionary (lietuvių žodynas)

  • Sanctions — Sanctions, plural of sanction, punishment or permission depending on context; contronym; may also refer to:Involving countries: * Economic sanctions, typically a ban on trade, possibly limited to certain sectors such as armaments, or with certain …   Wikipedia

  • Sanctions against Iran — This article outlines economic, trade, scientific and military sanctions against Iran, which have been imposed by the U.S. government, or under U.S. pressure. Currently the sanctions include a total embargo on dealings with Iran by U.S. citizens …   Wikipedia

  • sanctions économiques internationales — tarptautinės ekonominės sankcijos statusas Aprobuotas sritis tarptautinė politika apibrėžtis Civilinės, dvejopos paskirties prekių, karinės įrangos, paslaugų ir technologijų importo, eksporto, reeksporto ir tranzito, įskaitant tarpininkavimą,… …   Lithuanian dictionary (lietuvių žodynas)

  • sanctions — See economic sanctions …   Big dictionary of business and management

  • sanctions-busting — sancˈtions busting noun The breaching (usu by commercial concerns) of economic sanctions imposed on a country • • • Main Entry: ↑sanction …   Useful english dictionary

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