Restricting trade to compensate for differences in environmental standards is unlikely to improve competitiveness in environmentally sensistive industries. Higher environmental spending has had no noticeable effect on trade performance, so protection will not solve problems of noncompetitiveness. The reasons for good or poor performance are likely to lie elsewhere.
Restricting trade to compensate for differences in environmental standards is unlikely to improve competitiveness in environmentally sensistive industries. Higher environmental spending has had no noticeable effect on trade performance, so protection will not solve problems of noncompetitiveness....