equipment sector in both Germany and the US; in Germany also in ICT production. However, most of the observed sectors have weak … effect of a 20% export expansion in Germany amounts to about 800 000 new jobs. Looking only at the US and German perspective …

strong economic effects on Germany. In this paper, we put this trade policy initiative in its broader perspective. We argue … project could increase per capita income in Germany by between 1 and 3%. We critically question the need for investor …