Economic Sanctions

Sanctions are restrictions on the international trade and finance imposed by one nation over another country primarily for political reasons. This is to force the errant country to bend its actions towards compliance with international standards of conduct among nations. A few examples are economic sanctions imposed on some countries branded as sponsors of terror groups. Other countries have sanctions imposed on them by the international community for pursuing nuclear ambitions. The sanctions are attempts to make these countries toe the line. Sanctions often do not work because other countries continue to deal with those countries that were sanctioned. In these situations, sanctions fail to make their impact felt which is to make life difficult by limiting international trade and somehow cripple the economy of the concerned sanctioned country. At any rate, the erring politicians are not the ones who suffer but their own masses who feel the effects of reduced incomes and higher prices.

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