ABSTRACT
International trade has continued to increase in the last few decades as a result of deepening globalization. Relocation of production in the pursuit of comparative advantages has brought economic growth to many regions. Some developing countries have benefited from this trend due to abundant resources or labor supply or both. But the environmental consequences of international trade have been increasingly highlighted. Within discussions about the international targets for and mechanisms to achieve large-scale reductions in carbon emissions, the emissions embodied in traded goods have often been highlighted as a particular challenge. 1
