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There have been many proposals to address the competitiveness and carbon leakage concerns due to the asymmetric international arrangement for mitigating the global GHG emissions under the Kyoto Protocol. Carbon adjustment at the border has received special attention. The objective of border carbon adjustment (BCA) is to level the playing field...

Trade and investment liberalisation is evolving rapidly in East Asia. Quantitative impact assessment studies tend to focus on trade liberalisation but the importance of additional analysis on the impacts of investment barriers has been pointed out by several trade liberalisation studies. We develop a global CGE model with endogenous investment...