what is trade sanction? | Forex Trading and Money Exchange

what is trade sanction?
Posted 23 April, 2009 by Trace X. Montgomery from Buga, Colombia
my name is Trace from Buga, Colombia. There is something that i don't make out: what does trade sanction mean?
FX Sorcerer Answers:
that's a good question, Trace. Trade sanction is A trade penalty imposed by one nation onto one or more other nations. Import tariffs, licensing costs and administrative hurdles are often enforced, making it more difficult if not impossible for the nation(s) bearing the sanction to trade with the nation imposing it. An example of a trade sanction is the set of stringent penalties the United States' imposed against Cuba from 1963 to 2000. In the year 2000 some of the sanctions were repealed, specifically those on medical and agriculture goods. Sanctions can be unilateral, imposed by only one country on one other country, or multilateral, imposed by one or more countries on a number of different countries. Often allies will impose multilateral sanctions on their foes.
Go to Delta Trader

Related Questions

Flat benefit formula?
Posted 06 February, 2010 by Kyra Kristian Hines from Hsichuh
this is the most interesting site, Pope! There is something i don't follow: what does flat benefit formula mean?
Read the answer Answered by Capital Pope
Question from your France fan
Posted 10 March, 2010 by Halle Shaw from France
you've got the most terrific site, Sage. I'm new at trading, and and i was wondering, I like if the options feature in portuguese. Is there such a forex site?
Read the answer Answered by FX Sage
Definition of rate
Posted 09 July, 2010 by Maritza Powell from Pingxiang
Dear Captain, i have a question for Your Excellency regarding something that i couldn't apprehend: what does rate mean?
Read the answer Answered by Capital Captain

Searching for compare foreign exchange rates? Learn about foreign exchange services like FXCM, CMC Markets, AVA FX and FOREXYARD. For russian, english, chinese or arabic speakers. Monitored by FSA(GB) or FSA(JP); find Beginner friendly service, a customer support service or a selection of educational tutorials.