Definition
A trade embargo is a government-imposed restriction or prohibition on the importation or exportation of goods and services to or from a specific country, region, or entity for political, economic, or security reasons. Trade embargoes may involve sanctions, tariffs, quotas, or other trade barriers intended to isolate or penalize targeted countries or entities, restrict their access to certain goods or technologies, or compel them to change their behavior in alignment with international norms or policies. Trade embargoes can impact global trade flows, supply chains, and diplomatic relations, affecting businesses and economies worldwide.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.