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This paper uses information on more than 160 million export and import transactions by German firms from 2009 to 2012 to document the decisive role of multi-market traders that are active on many foreign markets, where a market is defined as a combination of a good traded and a country traded...
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Exports serve as an engine of economic growth and can potentially help countries come out of poverty and unemployment …. However, as the production process is increasingly getting fragmented globally, greater exports no longer imply higher … domestic production, as imports of intermediate products used as inputs in exports also increase. Global Value Chains (GVCs …
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