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Trade and environment
Trade
has the potential to contribute to the highest possible level of global
sustainable development, but only if social and environmental aspects
are considered along with economic benefits. Attention has thus increasingly
turned to the significant impacts of trade on the environment. Trade
in environmental resources in the global market increases the international
pressures on those resources, without necessarily taking account of
non-market values of those resources at the national and local levels.
Many chemicals, organisms, wastes and other materials traded can have
significant environmental impacts, sometimes more than the importing
country is prepared to manage. The growing international flux of energy,
materials and information traded is a major force for globalization
increasing the interdependence of countries and requiring more integrated
approaches to both trade and environmental resource accounting and
management (Dahl, 1994).
.. References and Sources..
Dahl,
Arthur L. 1994. Global sustainability and its implications for trade.
GATT Trade and Environment Bulletin 9:87-89.
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