An outright prohibition on the importation of goods to a country is referred to as
Answer Details
An outright prohibition on the importation of goods to a country is referred to as an embargo.
An embargo is a government-imposed restriction on the importation or exportation of goods to or from a particular country or region. It is a complete ban on trade and is usually put in place for political or security reasons.
The purpose of an embargo is to restrict the flow of goods and services between countries or regions as a means of expressing disapproval or exerting pressure on a government to change its policies or behavior.
In contrast, a quota is a restriction on the amount of goods that can be imported into a country, while a tariff is a tax on imported goods. Devaluation, on the other hand, refers to a reduction in the value of a country's currency relative to other currencies.
In summary, an embargo is a complete ban on the importation or exportation of goods to or from a particular country or region, imposed by the government for political or security reasons.