Environmental regulations reshape global trade dynamics, sparking industry relocations and conflicts.
The article reviews how environmental rules affect international trade. It looks at studies from the past 20 years. It shows how environmental rules can change which countries specialize in what. It also talks about how these rules can influence where polluting industries are located. The article discusses how pollution can cross borders and how waste is traded. It highlights conflicts between trade and environmental policies. Lastly, it talks about how countries can use environmental rules strategically in trade.