what is an economic sanctions in history
Sanctions have become the defining feature of the Western response to several geopolitical challenges, including North Koreaâs nuclear program and Russiaâs intervention in Ukraine. What are economic sanctions? Economic sanctions are defined as the withdrawal of customary trade and financial relations for foreign and security policy purposes. They may be comprehensive, prohibiting commercial activity with regard to an entire country, like the long-standing U.S. embargo of Cuba, or they may be targeted, blocking transactions of and with particular businesses, groups, or individuals.