Which barrier to trade blocks all trade between nations?
A.
an embargo
B.
a tariff
C.
a quota
D.
a sanction
A. an embargo
The correct answer is A. an embargo.
The barrier to trade that blocks all trade between nations is an embargo. To arrive at this answer, we can break down each option and explain them:
A. An embargo: This is a trade barrier imposed by one country on another as a form of punishment or coercion. It involves a complete cessation of trade, including imports and exports, between the two nations.
B. A tariff: A tariff is a tax imposed on imported goods, which can increase the price and make them less competitive compared to domestically produced goods. While tariffs can restrict trade, they do not necessarily block it entirely.
C. A quota: Quotas are limits set on the quantity or value of specific goods that can be imported or exported. They restrict trade by placing a cap on the amount of goods that can be traded, but they do not completely block trade between nations.
D. A sanction: Sanctions are penalties imposed on a particular country to achieve a specific goal, such as discouraging certain behaviors or policies. While sanctions can restrict trade by imposing limitations or bans on specific goods or services, they may not completely block all trade between nations.
Based on the explanations above, the option that blocks all trade between nations is an embargo (option A).