Abstract

This paper analyzes the impact of climate change on trade through changes in productivity, logistics networks, trade costs, and comparative advantage through a literature review, and then examines the role of trade in responding to climate change and examines policy implications. The expansion of trade allows access to key goods and services such as food and health, as well as the technologies necessary to minimize the negative impacts of climate change, reduce the negative impacts of climate change, and respond appropriately to changes in comparative advantage. Each country should implement comprehensive climate change response measures, such as strengthening its logistics networks, diversifying production, suppliers and customers, and investing in long-term human capital. At the same time, it is necessary to help low-income developing countries respond to climate change and enhance the resilience of the world economy to climate change through cooperation between countries in trade and climate change response policies.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.