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.
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Information Booster: An embargo often leads to a
decline in export/import and is different from tariff-based changes or trade treaties.