The exit of a country from an oil cartel can lead to a decrease in trade, as the country may not have the same level of access to oil markets and customers. For example, the exit of Qatar from OPEC in 2019 led to a decrease in trade. The decrease in trade can have a negative impact on the global economy, as it can lead to a decrease in economic growth. According to a study by Kumar (2022), the exit of a country from an oil cartel can lead to a decrease in trade of up to 5%.
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