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Nigeria’s Trade Openness and Relative Merchandise Exportation

This study examines the management of Nigeria’s trade openness and the distribution of its merchandise exports to low- and middle-income countries (LMICs) from 2000 to 2023. The main objective is to assess how export flows to LMICs specifically in South Asia, Sub-Saharan Africa, East Asia and the Pacific, and Europe and Central Asia impact Nigeria’s trade openness. The study addresses a major gap in existing literature, which tends to focus on Nigeria’s trade with advanced economies, overlooking the strategic potential of South–South trade and the influence of trading partners’ income levels. …

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