Economic sanctions are actions taken by a state or organization for a specific purpose. In a more descriptive explanation, they are trade, investment or financial restrictions that they implement to put pressure on another country. Economic sanctions are used to achieve international political goals, to punish unlawful behavior or to change certain behaviors. These sanctions can be divided into economic and political. Economic sanctions are known as quotas, tariffs or exchange control. Political economic sanctions can be divided into embargoes, blockades or boycotts.

• Hufbauer, G. C., Schott, J. J., & Elliott, K. A. (2009). Economic sanctions reconsidered (3rd ed.). Peterson Institute for International Economics.