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We study the effects of financial sanctions on cross-border credit supply. Using a differences-in-differences approach to analyze eleven sanctions episodes between 2002 and 2015, we find that banks located in Germany reduce their positions in countries with sanctioned entities by 38%. The...
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In February 1997 WTO members signed the Fourth protocol, which, for the first time, determined a set of international … telecommunications services can serve as a blueprint for a future WTO accord towards multilateral trade liberalisation. In answering this … question, the results of the CETA-agreement on telecommunication services will be compared with the results of the WTO accord …
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