ProjectClue.com We're Ready, Call Us

(+234) 07030248044

Project Topic:

EFFECT OF EXCHANGE RATE ON MANUFACTURING INDUSTRIES IN NIGERIA

Project Information:

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 69 ::   Attributes: Secondary data, Data Analysis,Abstract  ::   304 people found this useful

Project Department:

ECONOMICS UNDERGRADUATE PROJECT TOPICS, RESEARCH WORKS AND MATERIALS

Project Body:

The article on this topic (effect of exchange rate on manufacturing industries in Nigeria) is an extract from literature review of the project material. The complete project work would be made available when you subscribe for the full material.

 

CHAPTER TWO

LITERATURE REVIEW

 In this chapter we shall be reviewing some of the relevant literature relating to the subject matter. The review will begin with a brief discussion on exchange fate, we shall examine the various aspect of exchange rate. We shall also examine the effects which these aspects of exchange rate has had on the manufacturing industries in Nigeria.

 CONCEPT OF EXCHANGE RATES

 Exchange rate has been defined in so many ways either in terms of its role or function.  

 Lipsey and Steiner (1989) defined exchange rate as the price at which purchases and sale of foreign currency take place. It is the amount of one currency that must be paid in order to obtain one unit of another currency.

 Ajayi (1995) In his own definition sees the exchange rate as the relative price of two assets in one country in terms of another.

 FIXED VERSUS FLEXIBLE EXCHANGE RATE

 In a flexible exchange rate system, the Central Bank allows the exchange rate to adjust to equate the supply and demand of foreign currency. A flexible or free floating system means that the force of demand and supply are left entirely to determine the exchange rate without official intervention in the foreign exchange market. While a fixed exchange rate system is one by which a given country has its nurrerly’s rate of exchange pagged at a given parity rate in terms of some international money or currency. In such a system, the central Bank agrees to maintain the value of their currency within an agreed narrow band of fluctuations. The central Bank intervention is usually regarded as the official charges in exchange rate (Olukoy and 1992).

 REAL VERSUS NOMINAL EXCHANGE RATE

 The nominal exchange rate is the price of one currency in terms of another. The concept of nominal exchange rate is important in many respects. It determines the cost of imports to importers and the level of revenue to exports. While the real exchange rate attempts to measure the rate at which goods and service are exchanged between the domestic economy and the rest of the world. However, the real exchange rate is defined as the nominal exchange rate deflated by the under of relative inflation rates (A Jayl, 1995).

Get the complete project »

Instant Share On Social Media:

OTHER SIMILAR ECONOMICS PROJECTS AND MATERIALS

IMPACT OF GOVERNMENT EXPENDITURE ON ECONOMIC GROWTH IN NIGERIA CHAPTER ONE

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 71 ::   Attributes: Secondary data, Data Analysis,Abstract  ::   1138 engagements

CHAPTER ONE INTRODUCTION 1.1. Background of the study Government Expenditure no doubt is an important instrument for a government to control the economy of a nation. Economists have been well aware...Continue reading »

IMPACT OF MACROECONOMICS VARIABLES ON FIRMS’ PERFORMANCE IN NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 59 ::   Attributes: Secondary data, Data Analysis, Abstract  ::   858 engagements

CHAPTER ONE INTRODUCTION 1.1. Background of the study Every company operates within the internal and external environments of business. The internal environments are within a firm such that the pre...Continue reading »

IMPLICATION OF TREASURY SINGLE ACCOUNT ON BANKING SECTOR OF NIGERIA AND THE ECONOMY AS A WHOLE

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 76 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   1779 engagements

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Treasury Single Account is a public accounting system under which all government revenue, receipts and income and collected into one single acco...Continue reading »

TAXATION AS A TOOL FOR ECONOMIC DEVELOPMENT OF NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 71 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   786 engagements

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Nigeria as a nation has the vision of becoming one among the world’s 20 largest economies in the year 2020; this obviously is the brain beh...Continue reading »

THE IMPACT OF COMPANY INCOME TAX REVENUE ON THE DEVELOPING ECONOMIES: THE NIGERIA EXPERIENCE

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 67 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   359 engagements

The article on this topic (impact of company income tax revenue on the developing economies) is an extract from literature review of the project material. The complete project work would be made avail...Continue reading »

THE IMPACT OF TAX ON GOVERNMENT CAPITAL EXPENDITURE AND ECONOMIC GROWTH IN NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 65 ::   Attributes: Secondary data, Data Analysis,Abstract  ::   533 engagements

The article on this topic (impact of tax on government capital expenditure and economic growth in Nigeria) is an extract from literature review of the project material. The complete project work would...Continue reading »

What are looking for today?

WHAT OUR CUSTOMERS ARE SAYING:
  • 1. Taleeb from Kwara state polytechnic said "I like all topics on this website but anytime i wrote topic to my project supervisor he used to ask where is the case study and case study is not written there . thanks ................".
    Rating: Very Good
  • 2. Donald from ui said "i thank you guys for the good work...i never believe that there are still some Nigerians that are trustworthy until i stumbled upon projectclue. excellent job. great write up. weldone Glory keep up the good job. nice voice.,...i will always recommend projectclue to any Nigerian researchers...God bless.".
    Rating: Very Good
  • 3. Abdoulrasheed Tapheeda from Taraba State University,Jalingo said "The Project Clue owe me a Tribute Respect, because of the nature of their work and delivery system. I recommend this site for any undergraduate due to the quality and fast delivery system of their work. Thanks".
    Rating: Excellent
  • 4. Sam Seyil from Federal Uni Agric. Markudi said "I had a wonderful experience using ProjectClue, they delivered not only on time, but the content had good quality. I recommend ProjectClue for any project research work.".
    Rating: Excellent
  • 5. Eval, Effa A. from University of Calabar (Unical) said "It was a wonderful experience using projectClue, it really helped me in carrying out a Term paper research NGP.".
    Rating: Good
  • 6. Abimbola Bisola from Obafemi Awolowo University said "Thanks a million times for giving me a quality research project. not only have i defended i was commended by my supervisor. You guys are the best; Project clue".
    Rating: Very Good

Leave a comment: