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Definition: A trade embargo is a governmental order to restrict trade of certain goods or all goods entirely with a foreign country. This typically stems from political differences between the two nations or economic circumstances that make commercial trade undesirable. What [â¦]
Part of a series on. An embargo (from the Spanish embargo, meaning hindrance, obstruction, etc. in a general sense, a trading ban in trade terminology and literally distraint in juridic parlance) is the partial or complete prohibition of commerce and trade with a particular country or a group of countries.