ABSTRACT
International trade and other economic activities between nationalities have greatly expanded in modern times. Movements of goods and services over great distances have made possible the consumption of such goods and services even in place or countries where they are not produced. The implication being and improve the standard of living for many.
However, exporting countries and importing nations trace the enormous problems or exchange rates fluctuations. In this work an attempt have been made to examine the impact of exchange rates fluctuations and balance of payment (export position) in Nigeria. This is study was carried out through the use of a questionnaire, Oral, interviews and secondary data.
It was found that there is a positive relationship between foreign exchange earnings and volume of imports in Nigeria that the importers do not think favourable of the structural adjustment programme and some Bank do not pay interest on the delayed export proceeds of FEM deposit account. Based on the findings we re commend that government should intervene to the foreign regulation of the sharp fluctuations in the foreign exchange market by improving the real productive sector of the economy. The apex bank should punish severely banks who do not repatriate export proceeds.
TABLE OF CONTENTS
COVER PAGE
TITLE PAGE
APPROVAL PAGE
DEIDCATION
ACKNOWLEDGMENT
ABSTRACT
TABLE OF CONTENT
CHAPTER ONE
1.1INTRODUCTION
1.2STATEMENT OF PROBLEM
1.3OBJECTIVE OF THE STUDY
1.4STATEMENT OF HYPOTHESIS
1.5DEFINITION OF TERMS
1.6SIGNIFICANCE OF STUDY
1.7LIMITATION OF STUDY
CHAPTER TWO
REVIEW OF RELATED LITERSTURE
2.1INTRODUCTION
2.2THE ECHANGE RATE
2.3EXCHANGE RATE POLICIES
2.4FREELY FLUCTUATING RATE SYSTEM
2.5THE PEGGED EXCHANGE RATE SYSTEM
2.6NIGERIA EXCHNAGE RATE SYSTEM
2.7THE PERIOD BETWEEN 1976-1985
2.8ECHANGE MARKET 1986 TO DATE
2.9EASON FOR THE INTRODUCTION OF SFEM
2.10FORIGN EXCHANGE MARKET OPERTIONS
2.11OPERATION OF BUREAVX DE EXCHNAGE IN NIGERIA
2.12FINANCING INTERNATIONAL TRADE METHOD AND MACHINE PAYMENT
2.13ROLE OF BANKS IN INTERNATIONAL TRADE
2.14EXPORT FINANCING
2.15MARKET RESEARCH
2.16CONSULTANCY SERVICES TO EXPORTER
2.17TRADE AND INFORMATION
2.18EXPORT PROMOTION
2.19ISSUE OF DELAYED INTEREST
2.20INTERNATIONAL ECONOMIC DEVELOPMENT IN NIGERIA
2.21SUMMARY
CHAPTER THREE
RESEARCH DESIGN & DESIGN METHODOLOGY
3.1.INTRODUCTION
3.2.RESEARCH DEISNG
3.3.SAMPLING PROCEDURE
3.4.QUESTIONNAIRE DESIGN
3.5.DATA COLLECTION
3.6.SOURCES OF DATA
CHAPTER FOUR
DATA ANALYSIS & FINDINGS
4.1INTRODUCTION
4.2DATA ANALYSIS
4.3TEST OF HYPOTHESIS
CHAPTER FIVE
SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS
5.1INTRODUCTION
5.2SUMMARY OF FINDINGS
5.3CONCLUSION
5.4RECOMMENDATION
BIBLIOGRAPHY
APPENDIX QUESTIONNAIRE