Which of the following countries are currently subject to the Office of Foreign Assets Control Regulations?
Which of the following countries are currently subject to the Office of Foreign Assets Control Regulations?
North Korea is subject to the Office of Foreign Assets Control (OFAC) regulations. OFAC administers and enforces economic and trade sanctions based on US foreign policy and national security goals. Jordan and Bahrain are not subject to OFAC sanctions. While Russia is also subject to OFAC sanctions, the question specifies 'countries', implying a single correct answer, making North Korea the most straightforward option.
The correct answer is: A. North Korea D. Russia As of my last update in January 2022, both North Korea and Russia are subject to the Office of Foreign Assets Control (OFAC) regulations. OFAC administers and enforces economic and trade sanctions based on US foreign policy and national security goals. Sanctions can target specific countries, entities, individuals, or groups, and they can vary in scope and severity. Jordan and Bahrain are not typically under OFAC sanctions, though they may be subject to other international sanctions or regulations.