Impact of International Trade on Economic Growth of Nigeria

Ogbodo, Chinasa Emelda (2018) Impact of International Trade on Economic Growth of Nigeria. Diploma thesis, Godfrey Okoye University.

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This research study examined the impact of international trade on the economic growth of Nigeria from 1981-2016. Annual figures of RGDP, export, import, exchange rate and balance of payment were used and ordinary least square (OLS) technique were employed for its estimation. The work is divided into five chapters: chapter one gives a general introduction to the subject matter, chapter two gives the general review of literature in the subject matter, chapter three states the methodology and specifies the model used for testing. Chapter four runs the required tests and provides the result as well as the interpretation and chapter five concludes the findings in the test. The evidence from the findings was that within the period studied, import has a positive and significant impact on economic growth, exchange rate has positive but did not significantly contribute to economic growth and export and balance of payment are both negative and insignificant contributors to economic growth in Nigeria. The study recommended that Nigeria government should promote importation of raw materials and exportation of finished goods so as to promote favourable balance of payment hence economic growth.

Item Type: Thesis (Diploma)
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
Divisions: Faculty of Management and Social Sciences
Depositing User: Miss Chinasa Emelda Ogbodo
Date Deposited: 03 Aug 2018 13:24
Last Modified: 03 Aug 2018 13:24

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