Problem

Distortion of international trade by embargoes

Other Names:
Import quotas
Banned imports
Trade embargo
Distortion of international trade by quantiative restrictions
Nature:

Governmental prohibitions of all or certain kinds of shipments to foreign countries, to serve national political, military or economic interests, frequently are ineffective, unjustified and destabilizing to international free trade. Intergovernmental organization embargoes against aggressor nations have had little impact.

Aggravates:
Profiteering
Related UN Sustainable Development Goals:
GOAL 12: Responsible Consumption and Production
Problem Type:
E: Emanations of other problems
Date of last update
24.04.2019 – 11:10 CEST