De Souza, Gustavo; Hu, Naiyuan; Li, Haishi; Mei, Yuan - 2022
model of international trade with input-output connections. Sanctioning countries simultaneously choose import tariffs to …Trade sanctions are a common instrument of diplomatic retaliation. To guide current and future policy, we ask: What is … the most cost-efficient way to impose trade sanctions against Russia? To answer this question, we build a quantitative …