This study aims to analyse the international energy trade in EU-15. Within this context, 6 items of international transport and energy trade have been selected to evaluate the performance of European Union (EU) 15 countries. For this purpose, a comparative analysis has been applied by including and excluding the data of energy trade in international transport for the years between 2013 and 2016. In this framework, interval type-2 fuzzy decision-making trial and evaluation laboratory (DEMATEL) and technique for order preference by similarity to ideal solution (TOPSIS) approaches are considered. The findings show that road and sea have the highest importance for international transport and energy trade. However, pipeline and electricity, which represent the energy trade, take place on the last ranks. Another important conclusion is that there is almost no difference in the ranking of international transport performance including and excluding energy trade. While considering these issues, it is recommended that that European countries should take some actions to increase the energy production. The main reason is that it has a positive influence on both international trade volume and industrial production. Thus, they can focus on renewable energy production which leads to lower cost in this process.
The term high-tech, covering the high-tech industry and the information-intensive service sector, is based on advanced scientific and technological expertise that requires science, technology, and innovation (STI), and is based on Research & Development expenditure. Sectoral, product and patent approaches are used for classification by OECD and European Union. Literature review on high-tech show that countries focusing on Research and Development Expenditures and new patents have succeeded in increasing their high-tech exports as well. Turkey is one of the countries where the levels of high-tech export is not at the desired levels yet therefore the government must give incentives for Research and Development expenditures and new patents for innovation, as high-tech export affects GDP growth positively.
Documentation plays a very important role in international trade. Information technology has changed practises in international trade as well. In this chapter, international rules of electronic presentation of documents under documentary credit are defined to guide importers and exporters. This will enable them to speed up transactions to conduct their business as per these rules. Paperback presentation and electronic presentation international rules differences are explained. Electronic presentation will help import export management to facilitate transactions which will increase international trade volume. It is recommended that electronic presentation will help them to speed up their transactions. In the long run, electronic presentation will be cheaper compared to paper presentation and much safer.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.