The correct answer is “embargoes”
Embargoes are political trade tools and measures that are imposed on certain countries so it is pushed to respect human rights, democracy or the rule of law. It’s purpose it is a change of behavior of the target country.
Examples of embargoes can be: a ban on exporting equipment, bans on imports of raw materials or goods from the sanctions target.
Answering the question, the type of trade barrier that is explicitly used for political purposes is embargoes
When a government places a ban against importing or exporting of goods and services, such type of barrier is called embargo.
Embargoes are a nontariff barrier used by countries to restrict trade.
There are other nontariff barriers and these include
The government usually uses embargo on specific products due to unresolved or unfavorable political issues between other countries.
The government restricts commerce to isolate a nation and also places some strict measures on its officials to force the country to comply with its demands or to acts on the main issue that resulted in the embargo.
An embargo is seen as a vital tool that can influence a nation in many ways. If a country is allowed to trade goods with other countries around the world, it will have a positive impact on the country’s economy but if a country can no longer transact business with another easily, the outcome would be very disastrous.
However, there are three types of embargoes and these include
Thus, the type of trade barrier that is explicitly used for political purposes is embargoes
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