A wolfram in sheep's clothing: Economic warfare in Spain, 1940-1944

• 成果类型: Article
• 署名作者: San Pablo CEU University; Rutgers University System; Rutgers University New Brunswick
• 刊物名称: JOURNAL OF ECONOMIC HISTORY
• ISSN/ISSBN: 0022-0507
• DOI: 10.1017/S0022050703001748
• 发表日期: 2003
• 页码: 100-126
• 关键词: Sanctions

摘要

During World War II the United States attempted to prevent Germany from acquiring wolfram (tungsten ore) in Spain by buying it in the open market. Preemptive buying forced the Germans to pay more for and to consume less tungsten, a material crucial for the production of machine tools and armor-piercing shells. The income provided an important incentive for Spain to remain neutral. The naval blockade and the relatively low elasticity of the supply of wolfram contributed to the success of the wolfram-buying campaign.