We present novel insights on the role of international trade following unanticipated government spending and income tax changes in a flexible exchange rate environment. In a simple two-country, two-good model, we show analytically that fiscal multipliers can be larger in economies more open to...

We present novel insights on the role of international trade following unanticipated government spending and income tax changes in a flexible exchange rate environment. In a simple two-country, two-good model, we show analytically that fiscal multipliers can be larger in economies more open to...

"Global markets offer a multitude of business opportunities and, as a consequence, cross-border activities and international trade have become the norm. The shift towards multi-jurisdictional business transactions has resulted in an increase in international disputes. Rules of evidence, on the...