Nigeria’s Multilateral Trade Relations with the G8 Economies:A Gravity Model Approach

Description

Download Nigeria’s Multilateral Trade Relations with the G8 Economies:A Gravity Model Approach. Economics students who are writing their projects can get this material to aid their research work.

Abstract

It is an undeniable fact that trade has been facilitating growth and development of countries across the world.

This underscores the recent upsurge in establishing multilateral trade relationship between Nigeria and other countries especially, the G8 member countries.

While these realities are still contestable in terms of the potential benefits of the trade linkage that Nigeria stands to gain, the trajectory of the influx of export to Nigeria from the latter countries calls for a concern and a need to investigate the possible socio-economic, political and geographical variables that trigger this trend.

It is in view of this, that this study empirically investigates the magnitude of the factors driving increasing Nigeria-G8 multilateral trade relations.

To achieve this, we employ the augmented variant of gravity model (GM) that allows for the inclusion of country specific and country- pair characteristics in addition to the traditional GM variables (income and distance).

Introduction

Development in international trade over the decades points to the fact that countries of the world cannot live in isolation.

A close look across different political and economic climates of the world shows that this phenomenon has assumed a more competitive and multi-dimensional scale.

Lurking at the background of multilateral trade relations is a quest to complement a country’s production deficiencies or limited resources by exploring available opportunities in some other countries.

Global trade has expanded significantly since World War II and many countries have benefited from increased cross-border trade and investments for reasons which include:

lower transportation and information costs, higher per capita income and changes in government policies (Onwuka and Eguavoen 2007 and Krol 2008). As a result, there is a global call for more trade across borders.

How to Download this Project Material

First, note that we are one of the best and most reliable online platforms because we don’t retain any of your personal information or data as regards making payments online.

PRICE: ₦3,500 ₦3,000  (Three Thousand Naira Only)

Make a bank deposit or mobile transfer of ₦2,000 only to the account given below;

---

Bank Name: UBA Account Number: 1022564031 Account Name: TMLT PRO SERVICES

---

After making the payment, CLICK HERE to send the following on WhatsApp;

• Depositor’s Name or Screenshot of Payment
• Name of the Past Question
• Active Email Address

---

or Call Us On +2348082284439 Once your details have been received and your payment confirmed by us, you will receive the past question in your email or WhatsApp within 5 Minutes.

Guarantee of Getting the Material 

We understand that due to the high rate of fraud, many people are afraid of making purchases online but be rest assured that PastExamQuestions will deliver your material after payment.

Once your details have been received and your payment confirmed by us, you will receive the past question in your email or WhatsApp.

Give us Feedback

Have we been able to satisfy you? How well do you think the material will be helpful after having gone through it? Does the price worth the material?

Let’s hear from you! We recommend that our customers give feedback at the end of every transaction to enable us to serve better. You can do this by clicking the review button on this page.

Where is the review button? >> Just scroll up to where you see reviews