Explain the concept of trade sanctions.

Explain the concept of trade sanctions.

Trade sanctions refer to the restrictions or penalties imposed by one country or a group of countries on another country's trade activities. These measures are typically implemented as a response to certain actions or policies of the targeted country that are deemed unfavorable or harmful to the sanctioning countries' interests. Trade sanctions can take various forms, including tariffs, import quotas, embargoes, or bans on specific goods or services. The objective of trade sanctions is to exert economic pressure on the targeted country, encouraging it to change its behavior or policies.