The term that describes a ban or restriction on trade with another country is called embargo.
What is embargo?
Embargo refers to an official ban on trade or other commercial activity with particular in the country. It is an official suspension of trade with other countries.
Under this act(embargo), there is a restriction of import and export of products between the countries due to specific reason.
Embargo can be placed on
- Specific categories of goods.
- Scientific and technical information.
- Transport and other services,
Therefore, embargo is the term that describes a ban or restriction on trade with another country.
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