Impact of global energy politics on international trade
The aim of this paper is to affect the global energy politics on international trade. Energy is crucial to financial advance and social improvement and energy utilization around the world has multiplied, contributing essentially to exceptional financial development. Data for this study were obtained...
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Format: | Article |
Language: | English |
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EconJournals
2020
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Online Access: | https://repo.uum.edu.my/id/eprint/27887/1/IJEEP%2010%206%202020%20109%20115.pdf |
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author | Islam, Rabiul Omar, Rusdi Abdul Ghani, Ahmad Bashawir Mat, Bakri |
author_facet | Islam, Rabiul Omar, Rusdi Abdul Ghani, Ahmad Bashawir Mat, Bakri |
author_sort | Islam, Rabiul |
collection | UUM |
description | The aim of this paper is to affect the global energy politics on international trade. Energy is crucial to financial advance and social improvement and energy utilization around the world has multiplied, contributing essentially to exceptional financial development. Data for this study were obtained from existing literatures on international trade of energy politics. The methodology heavily relied on existing previous literatures on the subject being dealt with. The findings indicate that international trade affects energy for many factors, including energy demand and consumption, distribution of natural resources and energy price. Further, politics of energy can affect international trade by government policy such as protectionism or trade barriers which are tariff and non-tariff like quotas and subsidies as well as currency control or currency exchange rate of a country. |
first_indexed | 2024-07-04T06:36:41Z |
format | Article |
id | uum-27887 |
institution | Universiti Utara Malaysia |
language | English |
last_indexed | 2024-07-04T06:36:41Z |
publishDate | 2020 |
publisher | EconJournals |
record_format | eprints |
spelling | uum-278872020-11-16T05:59:56Z https://repo.uum.edu.my/id/eprint/27887/ Impact of global energy politics on international trade Islam, Rabiul Omar, Rusdi Abdul Ghani, Ahmad Bashawir Mat, Bakri HC Economic History and Conditions The aim of this paper is to affect the global energy politics on international trade. Energy is crucial to financial advance and social improvement and energy utilization around the world has multiplied, contributing essentially to exceptional financial development. Data for this study were obtained from existing literatures on international trade of energy politics. The methodology heavily relied on existing previous literatures on the subject being dealt with. The findings indicate that international trade affects energy for many factors, including energy demand and consumption, distribution of natural resources and energy price. Further, politics of energy can affect international trade by government policy such as protectionism or trade barriers which are tariff and non-tariff like quotas and subsidies as well as currency control or currency exchange rate of a country. EconJournals 2020 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/27887/1/IJEEP%2010%206%202020%20109%20115.pdf Islam, Rabiul and Omar, Rusdi and Abdul Ghani, Ahmad Bashawir and Mat, Bakri (2020) Impact of global energy politics on international trade. International Journal of Energy Economics and Policy, 10 (6). pp. 109-115. ISSN 2146-4553 http://doi.org/10.32479/ijeep.9809 doi:10.32479/ijeep.9809 doi:10.32479/ijeep.9809 |
spellingShingle | HC Economic History and Conditions Islam, Rabiul Omar, Rusdi Abdul Ghani, Ahmad Bashawir Mat, Bakri Impact of global energy politics on international trade |
title | Impact of global energy politics on international trade |
title_full | Impact of global energy politics on international trade |
title_fullStr | Impact of global energy politics on international trade |
title_full_unstemmed | Impact of global energy politics on international trade |
title_short | Impact of global energy politics on international trade |
title_sort | impact of global energy politics on international trade |
topic | HC Economic History and Conditions |
url | https://repo.uum.edu.my/id/eprint/27887/1/IJEEP%2010%206%202020%20109%20115.pdf |
work_keys_str_mv | AT islamrabiul impactofglobalenergypoliticsoninternationaltrade AT omarrusdi impactofglobalenergypoliticsoninternationaltrade AT abdulghaniahmadbashawir impactofglobalenergypoliticsoninternationaltrade AT matbakri impactofglobalenergypoliticsoninternationaltrade |