An economic carrot, or incentive, corresponds to foreign aid. An economic stick, or punishment, corresponds to sanctions.
What is an economic carrot?
It is a metaphorical expression used to designate a reward, that is, an aid that an economy can receive from another nation in a moment of crisis, for example.
Therefore, the expressions carrot and economic stick are metaphors that represent positive or negative causes and consequences on a country's economy.
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