The nucleon light-cone wave function is expanded in terms of two-body
meson-(bare baryon) Pock components. We find many interesting and surp
rising results for the flavour, spin and electromagnetic structure of
the nucleon. The model leads to asymmetry of the light sea quarks whic
h has important consequences for elementary Drell-Yan processes. We pr
opose a further possibility to test this concept at HERA through the a
nalysis of the structure of deep inelastic scattering (DIS) events ind
uced by pion-exchange. Momentum and energy distributions of outgoing n
ucleons as well as rapidity and multiplicity distributions are investi
gated using Monte Carlo simulations. We investigate also possible cons
equences of the meson cloud in the nucleon for the production of W and
Z bosons in the hadron-hadron collisions. A consistent analysis of de
ep-inelastic data and the gauge boson production data shows that the c
oncept of virtual mesons in the nucleon is very useful in understandin
g the charged lepton asymmetry measured by the CDF collaboration at Fe
rmilab. We critically study a possibility to test the (d) over bar-(u)
over bar asymmetry in the nucleon by the analysis of some asymmetries
possible to measure in principle at RHIC.