The Rise of Green Trade Policy and Its Impact on the International Market

Authors

  • Jing Ma Henan Finance Uniy, Coll Econ & Trade,Zhengzhou 451464, Henan, Peoples R china, Zhengzhou, 451464, China

DOI:

https://doi.org/10.70767/jmbe.v1i2.232

Abstract

With the increasing severity of global environmental issues, governments and international organizations are gradually recognizing the key role of green trade policies in promoting environmental sustainability. Green trade policies aim to facilitate a green transition in global trade through the formulation and implementation of environmental protection measures. These policies include carbon pricing mechanisms, green tariffs, environmental subsidies, and international coordination of environmental standards. This paper systematically analyzes the definition and development of green trade policies and explores their impact on the international market. The main content covers the reshaping of international trade flows and patterns, changes in global competitive dynamics, and the optimization and adjustment of global supply chains. The study reveals that green trade policies not only drive increased demand for eco-friendly products and technologies in the international market but also reshape global competitive dynamics and promote the greening and smart transformation of global supply chains. In the future, with the further refinement of green trade policies and strengthened international cooperation, the global economy is expected to achieve more sustainable development.

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Published

2024-10-20

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Section

Articles