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CAMS · Question #490

Which type of sanctions are likely to be used first in order to avoid escalating violent conflicts and/or proliferation of weapons?

The correct answer is C. Export and import restrictions. Export and import restrictions are sanctions imposed by countries to limit or prevent the import or export of certain goods and services. Export and import restrictions are typically used in order to protect a country's economic or political interests, or to prevent the…

Compliance Standards (International AML/CFT Standards and the role of FATF)

Question

Which type of sanctions are likely to be used first in order to avoid escalating violent conflicts and/or proliferation of weapons?

Options

  • AAsset freeze
  • BFinancial prohibitions
  • CExport and import restrictions
  • DArms and related materials embargo

How the community answered

(67 responses)
  • A
    10% (7)
  • B
    3% (2)
  • C
    82% (55)
  • D
    4% (3)

Explanation

Export and import restrictions are sanctions imposed by countries to limit or prevent the import or export of certain goods and services. Export and import restrictions are typically used in order to protect a country's economic or political interests, or to prevent the proliferation of weapons or other dangerous materials. Export and import restrictions are often the first type of sanctions used in order to avoid escalating violent conflicts and/or proliferation of weapons. Examples of export and import restrictions include embargoes, quotas, or tariffs.

Topics

#sanctions#export restrictions#arms embargo#proliferation financing

Community Discussion

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