Trade and Environment

This book analyzes the relationship of environmental quality, environmental policy and international trade. Environmental quality management will redefine comparative advantage of pollution-intensively producing sectors and will affect trade flows, the balance of payments and sectoral structure in industrialized nations as well as in developing countries. Since pollution-intensively producing sectors are also energy-intensive and belong to the so-called basic industries, we can expect that the issue will be of political interest in the next decades.