Economics World Bank Questions
The concept of economic sanctions refers to the imposition of trade barriers, financial restrictions, or other economic measures by one country or a group of countries against another country or entity. These measures are typically taken as a form of punishment or coercion in response to certain actions or policies deemed unacceptable by the imposing countries. Economic sanctions aim to exert pressure on the targeted country or entity to change its behavior, such as stopping human rights abuses, ending support for terrorism, or complying with international agreements. The sanctions can include restrictions on imports and exports, freezing of assets, banning financial transactions, or limiting access to international financial institutions.