What do economic sanctions typically entail?

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They are banned under World Trade Organization rulesThey impact trade between countries but leave financial transactions unaffectedThey limit imports only, without affecting exportsThey impose limitations on imports, exports, and/or financial transactions

Explanation

Economic sanctions generally consist of measures that restrict imports, exports, and financial flows. Contrary to some beliefs, they are not outright banned by the World Trade Organization. These sanctions affect both trade and financial transactions, not just one or the other.