IMPACT OF INTERNATIONAL TRADE ON ECONOMIC GROWTH IN NIGERIA

📄 Project Abstract

The world today has grown to an extent where exchange has become a normal day to day activity, be it exchange for money, knowledge, ideas, technology, products etc. Each of this exchange we engage in has its effect, this effect can either be positive or negative. Trade can be seen as one of the economic activities which engage in exchange. Trade can be defined as the buying and selling of goods and services. Trade system continue to advance as the world advances. Trade can be traced down to the barter system, where goods are being exchanged for goods, which then advance to the monetary system of trade. Economic growth can be presumed as the main target of every economy, be it a developed nation or developing nation. One of the primary aims of every nation is focusing on development and growth, one can deduce that no nation is tired of development or satisfied with their present level of development as they all want to achieve more and trade is one of the prerequisite to achieve more gr...