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Select the correct conclusion based on the meaning of the highlighted word: Statement: The trade embargo has impacted export revenue.
Question

Select the correct conclusion based on the meaning of the highlighted word:
Statement: The trade embargo has impacted export revenue.
Conclusion:
i. The new trade laws have exempted goods from duty.
ii. Trading in certain goods has been temporarily stopped.
iii. The government order has put restrictions on trade with some countries.
iv. Exports have increased after signing of new trade treaties.

A.

options i and ii are correct

B.

options i, ii and iv are correct

C.

options ii and iii are correct

D.

option i and iv are correct

Correct option is C

The correct conclusion based on the term embargo is (c) options ii and iii.
Embargo means a government-imposed ban or restriction on trade with a specific country or of specific goods. It is used to enforce political, economic, or environmental objectives. (व्यापार पर प्रतिबंध)
Explanation:
· ii is correct: Temporary stoppage of trade matches the definition of embargo.
· iii is correct: Embargo involves restrictions placed by government authorities.
· i is incorrect: Exempting goods from duty is related to tariffs, not embargo.
· iv is incorrect: Increased exports contradict the impact of an embargo, which typically reduces or stops trade.
�� Information Booster: An embargo often leads to a decline in export/import and is different from tariff-based changes or trade treaties.

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