THE EFFECT OF MONETARY POLICY ON THE FINANCE OF FOREIGN TRADE.

THE EFFECT OF MONETARY POLICY ON THE FINANCE OF FOREIGN TRADE

ABSTRACT

The purpose of this study is to determine the impact of monetary policy on foreign trade financing. To do this data were collected from both primary and secondary source. Primary sources include CBN Officials while secondary sources include textbooks, journals etc. the major instrument for data collected is the questionnaire, the data are presented in table and analyzed with chi-square. Having analyzed the data, the following finding were made.

1. There is an extent to which monetary policies have been effective in financing foreign trade.
2. There is factors militating against the effectiveness of monetary policies in Nigeria foreign trade activities. The study draws the following conclusions.

TABLE OF CONTENT

CHAPTER ONE

Introduction                                                                                      1

1. Problem identification                                                    1
2. Rationale of study                                                                   2
3. Significance of the study                                                         3
4. Background of the study.                                                        5
5. Definition of terms.                                                        7

CHAPTER TWO

Literature review                                                                     9

1. .         Theoretical review                                                                   9
2. Empirical review                                                            20

CHAPTER THREE

Hypothesis, methodology of the study, sources

of data and limitation of the study.                                         22

1. Hypothesis                                                                    22
2. Methodology of the study                                              22
3. Sources of data                                                              24
4. Limitation of the study                                                  26

CHAPTER FOUR

1. Data presentation, analysis and discussion of the result.        28

4.1     data presentation                                                           28

1. Analysis of data                                                             29
2. Discussion of the result                                                 35

CHAPTER FIVE         

Summary, conclusion, recommendation.                                 37

1. Summary                                                                       37
2. Conclusion                                                                     39
3. Recommendation                                                           39
4. Suggestion for further studies.                                       40

Bibliography.                                                                 42

Appendix                                                                       43

THE EFFECT OF MONETARY POLICY ON THE FINANCE OF FOREIGN TRADE