Caruana, Leonard; Rockoff, Hugh - 2000 - Preliminary
and the issue at stake, occurred in Spain and Portugal during WWII. We provide an overview of this episode by weaving … distinct phases. (1) An oil embargo against Spain, although launched when Germany appeared to be winning the war (July 27 to … September 7, 1940), was successful in helping keep Spain neutral because it forced the Franco regime to rethink the costs of …