What are economic sanctions?
a) Military interventions to enforce policies
b) Restrictions imposed on trade and financial activities
c) Free trade agreements between nations
d) Policies to encourage foreign investments
Which organization often enforces economic sanctions on countries?
a) United Nations (UN)
b) World Health Organization (WHO)
c) International Red Cross
d) World Wildlife Fund (WWF)
What is the primary purpose of economic sanctions?
a) To reduce inflation
b) To pressure a country into changing its policies
c) To boost global trade
d) To stabilize currency exchange rates
Which type of economic sanction restricts a country’s ability to access international banking?
a) Military blockade
b) Financial sanctions
c) Travel bans
d) Cultural sanctions
Which country has faced the most economic sanctions in modern history?
a) Canada
b) Russia
c) Sweden
d) Japan
How do economic sanctions affect the targeted country’s economy?
a) They strengthen local industries
b) They restrict access to foreign capital and goods
c) They increase international cooperation
d) They reduce the national debt
What is a trade embargo?
a) A complete ban on trade with a specific country
b) A reduction in import tariffs
c) A military intervention in economic affairs
d) A free trade agreement
Which sector is most commonly affected by economic sanctions?
a) Agriculture
b) Automotive industry
c) Financial services
d) Tourism
Which of the following is a form of individual sanction?
a) Import restrictions
b) Travel bans on political leaders
c) Banning trade with an entire country
d) Reducing interest rates
What is one potential negative consequence of economic sanctions?
a) Strengthened diplomatic relations
b) Increased suffering of civilians
c) Higher wages for workers
d) A boost in global trade
How do economic sanctions impact global trade?
a) They encourage unrestricted international trade
b) They disrupt supply chains and increase costs
c) They make trade negotiations easier
d) They eliminate trade barriers
Which country has imposed the most economic sanctions in recent decades?
a) Brazil
b) United States
c) South Korea
d) Switzerland
What is the difference between economic sanctions and tariffs?
a) Tariffs are designed to punish, while sanctions promote trade
b) Sanctions are political tools, while tariffs regulate trade
c) Tariffs completely stop trade, while sanctions encourage it
d) Sanctions always involve military intervention
Which of the following is an example of sectoral sanctions?
a) Banning an individual from traveling
b) Restricting financial transactions in an industry
c) Limiting access to public healthcare
d) Encouraging foreign investment
How do sanctions affect the currency value of a targeted nation?
a) They often lead to currency devaluation
b) They make the currency stronger
c) They stabilize exchange rates
d) They eliminate inflation
Which of the following countries has been under long-term U.S. economic sanctions?
a) Germany
b) North Korea
c) Australia
d) Argentina
What is one reason economic sanctions may fail?
a) The targeted country finds alternative trade partners
b) The country completely shuts down its economy
c) The country immediately complies with demands
d) Sanctions only apply to domestic businesses
What is a common response by countries facing sanctions?
a) Increasing trade with allies
b) Reducing their industrial output
c) Stopping all financial transactions
d) Shutting down their central bank
Which of the following organizations can impose international sanctions?
a) FIFA
b) United Nations Security Council
c) Olympic Committee
d) International Red Cross
Which industry is often targeted in sanctions against oil-rich nations?
a) Textile
b) Energy
c) Education
d) Retail
How do economic sanctions impact multinational corporations?
a) They create more investment opportunities
b) They restrict business operations in sanctioned countries
c) They improve profits from foreign trade
d) They increase market stability
Which of the following can help a country bypass economic sanctions?
a) Signing free trade agreements with sanctioning nations
b) Developing domestic production capabilities
c) Reducing employment rates
d) Increasing tax rates
How can economic sanctions impact humanitarian aid?
a) They increase access to medical supplies
b) They may restrict the delivery of essential goods
c) They make it easier to provide foreign assistance
d) They eliminate trade restrictions on food
What is the purpose of secondary sanctions?
a) To only target a country’s government
b) To punish foreign entities that trade with a sanctioned country
c) To provide economic relief
d) To encourage domestic investment
How do economic sanctions influence political stability in the targeted nation?
a) They always strengthen the government
b) They may lead to internal political unrest
c) They encourage stronger international alliances
d) They eliminate opposition movements
Which country faced sanctions due to its nuclear program?
a) Switzerland
b) Iran
c) Singapore
d) Norway
What type of sanction blocks access to foreign financial systems?
a) Travel bans
b) Asset freezes
c) Import taxes
d) Agricultural subsidies
How can countries reduce the negative effects of sanctions?
a) By increasing trade with sanctioned countries
b) By diversifying their economy and trade partnerships
c) By eliminating all foreign investment
d) By increasing dependence on sanctioned goods
