The report aims to improve understanding about the linkages between trade and climate change it shows that trade intersects with climate change in a multitude of ways for example governments may introduce a variety of policies such as regulatory measures and economic incentives to address climate change this complex web of measures may have an impact on international trade and the multilateral trading system. While nations have been haggling over climate goals and companies committing to carbon dioxide cuts the global trade system has been pushing in the opposite direction tariffs and other barriers. Climate change remains a global challenge requiring international collaborative action another area where countries have successfully committed to a long term multilateral resolution is the liberalization of international trade integration into the world economy has proven a powerful means for countries to promote economic growth development and poverty reduction the broad objectives of the betterment of current and future human welfare are shared by both global trade and . International trade and climate change global trade is typically tracked based on a unique harmonized commodity description and coding system harmonized system or hs for each commodity the harmonized system contains over 5000 product codes under the system each product traded is assigned a six digit code for researchers or policy makers it is possible to track the volume of trade in . Under no climate change trade integration increases the global production share of the united states usa in corn lac in soya csi europe eur and lac in wheat and sas and eas in rice fig
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