   
|
|
Embargo
|
| FYI - For 2011, Dow up, Dogs of the Dow up more (double digits) |
| |
In international commerce, an embargo is a government-mandated sanction that restricts trade with a foreign county. An embargo can restrict imports, or exports, or both. The rational for an embargo is political punishment of a country. For instance, the 1973 oil crisis affecting the United States resulted from OPEC's embargo on oil sales to the US in retaliation for providing military assistance to Israel. The embargo is prone to hurt the domestic industries affected by the policy and to invite retaliation. The US uses the embargo in many specific contexts, particularly against countries it considers to be sponsors of terrorism. Less extreme restraints on free trade than the embargo, such as tariffs and export duties are even more common. The term embargo is sometimes misused to apply to a boycott, which is generally a grass-roots movement to cease purchasing from a business, also as a means of punishment.
Rate this embargo definition...
|
|
Where is the market headed? The answer may surprise you. Find out
right now with the exclusive & Barron's recommended charts of Chart of the Day.
|
Popular Terms: option premium, deferred revenue, annual return, per diem, inflation, 144a, Zero Cost Collar, current ratio, 1035 exchange, labor relations, retained earnings, 401a, liquidity ratio, irrevocable trust, Key Rate Duration, risk management, debt service coverage, balance sheet, deferred tax, quality assurance, dividends payable, class C shares, ex-dividend date, stock split, ex-dividend, 1031 exchange, command economy, reverse mortgage, stock market close, EBITDA, margin rate, LIBOR, required rate of return, FICO score, VIX, limit order, APR, minority interest, open position, implied volatility, average price per share, phantom income, FTSE, real GDP, diluted share, wholly-owned subsidiary, in escrow, cancelled check, covered put
|
|
| |