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Embargo

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Possible Answers:

BAN.

Last seen on: Daily Gulf News Crossword Sunday, 16 July 2023

Random information on the term “Embargo”:

An import is the receiving country in an export from the sending country. Importation and exportation are the defining financial transactions of international trade.

In international trade, the importation and exportation of goods are limited by import quotas and mandates from the customs authority. The importing and exporting jurisdictions may impose a tariff (tax) on the goods. In addition, the importation and exportation of goods are subject to trade agreements between the importing and exporting jurisdictions.

Imports consist of transactions in goods and services to a resident of a jurisdiction (such as a nation) from non-residents. The exact definition of imports in national accounts includes and excludes specific “borderline” cases. Importation is the action of buying or acquiring products or services from another country or another market other than own. Imports are important for the economy because they allow a country to supply nonexistent, scarce, high cost, or low-quality certain products or services, to its market with products from other countries.

Embargo on Wikipedia

Random information on the term “BAN”:

A ban is a formal or informal prohibition of something. Bans are formed for the prohibition of activities within a certain political territory. Some bans in commerce are referred to as embargoes. Ban is also used as a verb similar in meaning to “to prohibit”.

In current English usage, ban is mostly synonymous with prohibition. Historically, Old English (ge)bann is a derivation from the verb bannan “to summon, command, proclaim” from an earlier Common Germanic *bannan “to command, forbid, banish, curse”. The modern sense “to prohibit” is influenced by the cognate Old Norse banna “to curse, to prohibit” and also from Old French ban, ultimately a loan from Old Frankish, meaning “outlawry, banishment”.

The Indo-European etymology of the Germanic term is from a root *bha- meaning “to speak”. Its original meaning was magical, referring to utterances that carried a power to curse.

In many countries political parties or groups are banned. Parties may be banned for many reasons, including extremism and anti-democratic ideologies, on ethnic or religious grounds, and sometimes simply because the group opposes government policies, with the ban sometimes alleging wrongdoing as the cause. Germany, for instance, has a long history behind its modern practice of banning political parties. The Nazi Party was banned in 1923; after the Nazi Party came into power in 1933 opposing parties such as the Social Democrats (SPD) and Communist Party of Germany (KPD) were banned, the Nazi Party was again banned and the ban on other parties lifted after the Nazi defeat in 1945, and the Communist Party was again banned from 1956 to 1968.

BAN on Wikipedia

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