Besedeš, Tibor; Goldbach, Stefan; Nitsch, Volker - 2023
commitments cause collateral damage on Germany's trade in goods and services. Financial sanctions reduce Germany's inflows and … outflows of financial assets, as well as imports and exports of goods and services. The relative effects on trade in goods and … services. The effect on trade in goods is entirely due to episodes where financial sanctions are accompanied by export …