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Embargo |
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embargo (ĕmbär`gō), prohibition by a country of the departure of ships or certain types of goods from its ports. Instances of confining all domestic ships to port are rare, and the Embargo Act of 1807 Embargo Act of 1807, passed Dec. 22, 1807, by the U.S. Congress in answer to the British orders in council restricting neutral shipping and to Napoleon's restrictive Continental System. The U.S.
..... Click the link for more information. is the sole example of this in American history. The detention of foreign vessels has occurred more often, either as an act of reprisal reprisal, in international law, the forcible taking, in time of peace, by one country of the property or territory belonging to another country or to the citizens of the other country, to be held as a pledge or as redress in order to satisfy a claim. ..... Click the link for more information. designed to coerce diplomatic redress, or in contemplation of war with the country to which the vessels belonged. Embargoes on goods, however, are far more common. Although an embargo can cripple a nation's economy, the use of an embargo alone has typically failed to achieve the goal its imposition was intended to secure. The United States has used embargoes for both economic and strategic purposes. An example of the former was the prohibition of gold bullion exports in 1933, while the latter is seen in the embargo placed on certain war materials in 1940. An embargo may also be used as a political device. Thus, in 1912 the president was empowered to forbid the export of munitions to Latin America. The Neutrality Act Neutrality Act, law passed by the U.S. Congress and signed by President Franklin Delano Roosevelt in Aug., 1935. It was designed to keep the United States out of a possible European war by banning shipment of war materiel to belligerents at the discretion of the Embargoes were authorized as a form of sanction sanction, in law and ethics, any inducement to individuals or groups to follow or refrain from following a particular course of conduct. All societies impose sanctions on their members in order to encourage approved behavior. In 1960, the United States imposed an embargo of all goods, excluding food and medicine, on Cuba, and in 1962 the Organization of American States Organization of American States (OAS), international organization, created Apr. 30, 1948, at Bogotá, Colombia, by agreement of Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, the Dominican Republic, Ecuador, El Salvador, Guatemala, Haiti, embargoLegal action by a government or group of governments restricting the departure of vessels or movement of goods from some or all locations to one or more countries. A trade embargo is a prohibition on exports to one or more countries. A strategic embargo restricts only the sale of goods that make a direct and specific contribution to a country's military power; similarly, an oil embargo prohibits only the export of oil. Broad embargoes often allow the export of certain goods (e.g., medicines or foodstuffs) to continue for humanitarian purposes, and most multilateral embargoes include escape clauses that specify a limited set of conditions under which exporters may be exempt from their prohibitions. An embargo is a tool of economic warfare that may be employed for a variety of political purposes, including demonstrating resolve, sending a political signal, retaliating for another country's actions, compelling a country to change its behaviour, deterring it from engaging in undesired activities, and weakening its military capability. embargo 1. a government order prohibiting the departure or arrival of merchant ships in its ports 2. any legal stoppage of commerce Embargo in international law, a term that originally referred to a prohibition by a sovereign authority forbidding ships of other countries or its own ships to leave its ports. The term subsequently was used to refer to an edict or order prohibiting the shipment of goods or currency into or out of a country. An embargo may be imposed either in wartime or in peacetime. In wartime, an embargo becomes, in effect, a kind of economic blockade. In peacetime an embargo is used to influence, inflict reprisals on, or exert economic and financial pressure on other countries. The UN Charter provides for the imposition of an embargo as a collective repressive measure against a state whose actions represent a threat to international security. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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No references found | After submitting as long as she could to lay an embargo on the use of her tongue, Mrs. I had not yet seen it, and upon this notice of an intended invasion, I avoided appearing on that side of the coast, for fear of being discovered, by some of the enemy's ships, who had received no intelligence of me; all intercourse between the two empires having been strictly forbidden during the war, upon pain of death, and an embargo laid by our emperor upon all vessels whatsoever. I therefore place no embargo upon the return of my wife to Dorset House. |
Embargo |
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