EXCHANGE RATE AND NIGERIA BALANCE OF PAYMENT (1982 – 2014)
ABSTRACT This study examined exchange rate and Nigeria balance of payment for the period 1982 – 2014. The study adopted time series econometrics analysis to determine the impact of exchange rate on Nigeria balance of payment. For purpose of clarity; model was specified with the following variables; balance of payment (BOP) as dependent variable, Exchange rate (EXR), Trade openness (TRN) and Foreign Direct Investment as explanatory variables. In order to ...
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