Unilateral Environmental Action: How Trade Regulation Impacts Global Sustainability.
The article explores the relationship between trade and the environment, focusing on how environmental regulations can impact trade flows and vice versa. It discusses the current international regulations in place, theoretical backgrounds on the effects of trade liberalization on the environment, and empirical evidence on how environmental policies affect production, trade, and industry location. The researchers aim to assess the impact of unilateral environmental actions on trade and the environment, providing insights into the complex interplay between economic activities and environmental protection.