TRADE OPPORTUNITY

What is Trade Opportunity

1.

Trade opportunity is the scope of nation to increase its trade. Basically it is a trade gap of a country with its trade partners. Researchers can estimate trade value and measure how well a bilateral trade flow performs relative to the mean as predicted by the gravity model. So, the potential trade gap means how far below the actual trade value is from the predicted trade value. This potential trade gap suggests that there is a scope to increase the export of climate friendly goods (CFG) with trading partners. The total estimated export potential trade gap in CFG in Asia was around $30 billion US dollar in 2008. Learn more in: Climate Change, Trade Competitiveness, and Opportunity for Climate Friendly Goods in SAARC and Asia Pacific Regions

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Handbook of Research on Climate Change Impact on...

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