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Problem 5. [10 points] Read the opinion piece Sabine Weyand on role of trade policy in fighting climate change (The Economist, October 16, 2021) ).
Problem 5. [10 points] Read the opinion piece "Sabine Weyand on role of trade policy in fighting climate change" (The Economist, October 16, 2021) ). [ You can access the article by clicking on the title.] Weyand is the director-general of the European Commission for external trade. This means that she is the highest EU official responsible for the common trade policy. Briefly answer the following questions. (a) What has Weyand done to make EU trade policy more sustainable and environmentally friendly? Name and very briefly explain at least three different policy stances. (b) What else does she propose to make trade policy at the international level more environment tally friendly? Name and briefly explain at least one proposed measure. (c) Briefly explain how the Carbon Border Adjustment Mechanism (CBAM) is supposed to help in achieving climate targets. (d) Weyand argues that EU trade policy can contribute a lot to reaching environmental goals but that it is not enough. Why
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