Gutiérrez Chacón, Eduardo; Martín Machuca, César
economy’s external sector outlook. This article estimates the effect of tariffs on Spanish non-energy, non-EU goods exports … adversely impacts both export possibilities and, persistently, export values. On the estimates made, a 1% increase in import … tariffs imposed by another country on a Spanish product entails a reduction in nominal exports of around 0.6%. Protectionist …