International records / OpenAlex research

International Trade and Unemployment Rate in Nigeria: An Empirical Analysis

As Nigeria yearn for economic growth and development, there has been increasing international trade accompanied with the utilization of labour. This study analysed the effect of international trade on unemployment rate in Nigeria for the period 1985 to 2023. The study specifically determined the effects of exchange rate, foreign direct investment, trade openness, trade balance and labour force participation rate (proxies of international trade) on unemployment rate in Nigeria. Relevant time series data used for the study were extracted Central Bank of Nigeria (CBN) Statistical Bulletin, Nation…