Which of the following is true of trade embargoes?

A. Trade embargoes refer to import bans on tangible goods, but not on services.
B. Embargoes are discriminatory restrictions or bans on economic exchange.
C. Unlike other trade restrictions, a trade embargo does not harm the imposing country.
D. A trade embargo refers to a uniform tariff being imposed on all imported products by a country.


Answer: B

Economics

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