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4 Facts About Economic Sanctions

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1

Economic sanctions are commercial and financial penalties applied by one or more countries against a targeted country, group, or individual.

CrossTalk: Sanction Wars by RT

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Economic sanctions may include various forms of trade barriers, tariffs, and restrictions on financial transactions.

A financial transaction is an agreement, communication, or movement carried out between a buyer and a seller to exchange an asset for payment.

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Economic sanctions are not necessarily imposed because of economic circumstances—they may also be imposed for a variety of political, military, and social issues.

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Economic sanctions can be used for achieving domestic and international purposes.

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