The effects of complete trade sanctions on the targets’ trade with third countries are mostly positive. These effects may lead to a perverse scenario in which the targets' overall trade rises in the aftermath of sanctions. For details check 👇 ideas.repec.org/p/drx/wpaper...
🚨Working Paper Alert! "Perverse Trade Sanction Effects" ✍️ @gfelbermayr.bsky.social, Ohyun Kwon, Constantinos Syropoulos & @yotoyotov.bsky.social Insights into the direct and extraterritorial effects of complete trade #sanctions on #international trade. 🔗 www.ifo.de/en/cesifo/pu...