Discuss how environmental policies impact the trade policies

Discuss how environmental policies impact the trade policies in South Korea\'s electronics industry and the market’s environmental sustainability.

Solution

Environmental policies like, limitation of carbon emission, river water contamination restriction, affects the trade policies in the global market.

A place should be selected for the final project which has the minimum environmental restrictions. The company has to think about its product market also. Suppose a country has huge market potentiality; but at the same time the country has a very strict environmental policies, it requires high investments by the company to maintain the sustainable growth.

Environmental sustainability: It means having growth with minimum environmental pollution. A company should set policies for conducting business by maintaining the environmental restrictions.