Asked by len
Country Y is the main trading partner of Country X. Country X has a strong automobile industry, while Country Y's economy relies on producing oil. Recently, Country X discovered large oil reserves in an unoccupied area of its country, leading to heavy investment by private companies seeking to enter the oil industry. Country Y, meanwhile, is undergoing political turmoil after the president refused to step down following an election and ordered the military to arrest the candidate who won the election.
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Question 5.
Why might Country X impose an embargo on Country Y?
to reduce the price of oil for Country X's consumers
to give its citizens access to a wider range of goods
to increase the volume of trade between the countries
to pressure Country Y's president to resign from office
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Answered by
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to pressure Country Y's president to resign from office
Explanation: An embargo is a trade restriction used as an economic sanction to punish or coerce a government over political actions. It would be intended to pressure Country Y’s leadership, not to lower oil prices, increase trade, or expand consumer access to goods.
Explanation: An embargo is a trade restriction used as an economic sanction to punish or coerce a government over political actions. It would be intended to pressure Country Y’s leadership, not to lower oil prices, increase trade, or expand consumer access to goods.
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