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How Did The Embargo Affect The Soviet Union

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The embargo that President Carter placed on the Soviet Union truly impacted the Soviet Union because they had to find new sponsors to provide some of the equipment for the games and new people to help pay for the games. The embargo also cost the United States a lot of money too, by not shipping and trading and selling everything goods. The estimated embargo on the exports estimated to cost between $20 million and $30 million (Caraccioli & Caraccioli, 2001, p. 83). With the United States not taking a team to the Olympics, the United States Olympic Committee struggled finding money for the committee. The committee depended on its money from the American people and the American businesses. As Bloodworth (2001) noted, “President Jimmy Carter urged all American citizens to continue their financial and moral support to the committee.” President Carter had to ask a lot of the people by having them help fund the United States Olympic Committee on a choice that hurt them made on his own decision. …show more content…

It affected the manufacturing companies of goods that the sold to the Soviet Union and it impacted the small-town farmers that sold their grain to go over and be sold to other countries. President Carter (1980) in his Public Papers of the President states, “The farmers of the country also suffer. You know how important it is to have stable international markets, to sell your products after very doubtful seasons have to be faced and deep debts have to be acquired” (p. 519). The farmers had to go without the money that they got for selling their grain due to the embargo but the still stood behind President Carter and his decision on an embargo with the Soviet

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