CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY For the past few years, it is Cleary that the present civil administration is posed to see an improvement in the external trade sector of Nigeria economy. This is geared towards increasing the export activity and reducing to a minimal level, the rate of import transaction as a measure to boost our country’s external reserves. This trend is buttressed by the ...
Read moreABSTRACT This study empirically examined the impact of external trade on economic growth of Nigeria between the period 1980-2013. The study employed Ordinary least square (OLS) regression technique to analyze the data obtained from the CBN statistical bulletin for the relevant years under study. The empirical results were on Augmented Dickey Fuller test. In the second step, Johansen co-integration test was conducted. The presence of long run equilibrium found led ...
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