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Effects of internatıonal trade on economic growth in Nigeria
(İstanbul Ticaret Üniversitesi, 2022) Omar, Deqa Ali; Özcan, Yunus
The research investigates the impact of international trade on the Nigerian economy. This research looks at the effects of FDI, exports, imports, and inflation on Nigeria's growth. According to research, FDI boosts Nigeria's short-term economic development. Long-term FDI harms Nigeria's economic growth. Nigeria should increase FDI and market size to stimulate low-capital startup development, banking, and information technology. According to the research, exports and imports have no effect on Nigeria's short- or long-term economic growth. Nigeria's exports and imports are hampered by a lack of funds, technology, management, and unskilled labor. Reduce import tariffs. Export subsidies lower imports, promoting growth. Short-term, inflation boosts Nigeria's economy, but long-term, it harms.