Answered

The Office of Foreign Assets Control is responsible for which of the following? Select all that apply.

A. Locating and capturing terrorists and narcotics traffickers
B. Administering and enforcing economic and trade sanctions
C. Imposing controls on transactions and freezing assets
D. Developing and administering U.S. sanctions programs



Answer :

GinnyAnswer

Final answer:

The Office of Foreign Assets Control (OFAC) administers and enforces economic and trade sanctions, controls transactions and freezing assets, and develops U.S. sanctions programs.


Explanation:

The Office of Foreign Assets Control (OFAC) is responsible for administering and enforcing economic and trade sanctions, imposing controls on transactions and freezing assets, and developing and administering U.S. sanctions programs. These functions aim to promote U.S. foreign policy objectives and national security interests. Examples of OFAC sanctions include those imposed on countries like Iran and North Korea. By leveraging its authority, OFAC plays a vital role in shaping international relations and maintaining economic stability.


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