An economic failure of an embargo is said to have occurred if
A. the prices of the embargoed goods do not decline in the imposing country.
B. the price of the good exported by the imposing country to the target country rises substantially in the target country when the embargo is imposed.
C. the target country suffers a greater welfare loss than does the imposing country.
D. the embargo inflicts little damage on the target country but possibly a greater damage on the imposing country.
Answer: D
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What will be an ideal response?
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Fill in the blank(s) with the appropriate word(s).
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What will be an ideal response?