-
The Effect Of Exchange Rate Fluctuation On The Nigeria Maufacturing Sector
[A CASE STUDY OF 1986-2010]
CHAPTER ONE -- [Total Page(s) 3]
Page 3 of 3
-
-
-
1.7 SCOPE AND LIMITATIONS OF THE STUDY
This research work
is designed to cover a very long period that is (1986-2010). The scope
consists of the regulatory deregulatory exchange rate period i.e. the
fixed exchange rate and floating rate period. The study is structured to
evaluate Nigerian exchange rate as the pilot of economic growth and
development. Thus, this study is therefore limited to the effect of
exchange rate fluctuation in the Nigerian manufacturing sector.
1.8 DEFINITION OF TERMS
1. Exchange rate: This is the price of one country‟s currency in terms of another
2.
Foreign exchange: Foreign exchange is a means of payment for
international transaction; it is made up of currencies of other
countries that are freely acceptable in settling international
transactions.
3. Dutch auction System (DAS): This is a method of
exchange rate determination through auctions where the bidders pay
according to their bid rates.
4. Exchange control: This is a foreign
exchange arrangement in which the government purchase all coming foreign
exchange and is the only source from which foreign exchange can be
purchased legally.
CHAPTER ONE -- [Total Page(s) 3]
Page 3 of 3
-
-
ABSRACT - [ Total Page(s): 1 ]ABSTRACTThis paper examines the effect of exchange rate fluctuations on the Nigerian manufacturing sector during a twenty five (25) years period (1986 – 2010). The argument is that fluctuation in exchange rate adversely affects output of manufacturing sector. This is because Nigerian manufacturing is highly dependent on import of input and capital goods. The methodology adopted for this study is empirical. The econometric tool of regression was used for the analysis. The population target ... Continue reading---
