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North Korea Sanctions: How do they work, and will they work?
Last week, the Trump administration announced an expansion of sanctions on North Korea, focusing largely on financial institutions that do business with the communist nation.
Jun Ma, associate professor of economics at Northeastern, is an expert in macroeconomics and international finance, financial economies, and the Chinese economy. We asked him to explain how sanctions work, whether or not they typically do work, and what the expanded sanctions might mean for North Korea, China, and the global economy.