The answer is not B. It is A) Citizens are unable to buy needed goods.
The most immediate effect of sanctions on a country is the Goods and Services rapidly decline in value.
Further Explanation:
Any type of sanction is put by the other countries in the individual country is a tool for putting economic pressure on the neighbouring country. It is one of the methods of foreign policy and can be beneficial in the regulation of trading internationally and dealing with political matters.
There are various ways through which country can impose sanctions. First is, it can put high tariffs on goods which are imported from the other countries. Second, it can put Quotas or restrict the number of goods being imported from the other country exported to other countries. Third is Embargoes: It is a type of limitation or restriction which defends or protects the country from trading with any other country. For example, if a government prevent the citizen of its country from doing any kind of business of giving goods and services to the other country. Fourth is Nontariff Barriers, it is a kind of tariff which put limitations on the goods which are imported like by including certain norms of licensing, the standard of the product and requirements of packaging.
The government can also freeze the assets that are owned by the country or any individual from selling it or moving it. There are various other types of sanctions like unilateral sanctions, multilateral sanction. In Unilateral sanction, only the single country can impose the sanctions whereas in multilateral sanction a block or group of countries impose the sanctions and support them.
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Answer Details:
Grade: High School
Subject: Political Science
Keywords: Economic pressure, foreign policy, regulation, tariffs, quotas, embargoes, nontariff barriers, licensing, unilateral sanctions, multilateral sanctions.
