The Economic Consequences of Disruptions in International Trade in Qatar

Abstract

Disruption in trade in Qatar can be experienced from various sources, including changes in global commodity prices, geopolitical crises, transformation of international trade policies and domestic economic variables. The study aimed to examine the economic consequences of disruptions in international trade in Qatar from 2007 to 2022. The study is based on secondary data and relies on Government reports and publications, reports from International organizations, academic articles and journals. Economic consequences were measured using Gross Domestic Product (GDP), exports, imports, trade balance, and Foreign Direct Investment (FDI). The multiple regression model was used to test the relationship between the selected variables. The regression proved that a significant relationship exists between exports, imports, and trade balances in Qatar's GDP and foreign direct investment. The study suggests that specific policies must be in place to increase exports and control imports. The positive relationship observed between the level of exports, imports, trade balance, and inward FDI can only mean that a strong export-oriented economy will always draw in foreign investment.