(1994) and the GATS there is an incompatibility between measures of world trade in goods and services. Measures of goods …

increases, and other country's production decreases compared with the case of no BTAs. With the contraction of world trade flows … caused by the financial crisis, carbon motivated BTAs offer a prospect of a compounding effect in a world which is going …This paper discusses the size of impact of carbon motivated border tax adjustments on world trade. We report numerical …

(UK in the pre World War I period; Germany and Australia in the 1990s) … countries as a group relative to gross world product. This, in turn, is an indication of increasing severity of adjustment …