ABSTRACT
In classical economic theory, trading is good for you. You are better off concentrating on producing and selling the commodities for the production of which you have a comparative advantage and buying from others those commodities you need which they can produce relatively more cheaply.
This through the market mechanism, a high level of output of goods and services is attained and shared to the benefits of energy participant in the transaction. As with individuals, so with nations.
In Nigeria, international trade has contributed a lot of the country’s infrastructural and manpower development. It therefore becomes necessary to look at the central bank of Nigeria and the merchant banks and their contribution towards financing international trade in Nigeria, with a case study of CBN Enugu, and crown merchant bank Benin.
In this work, the key features of international trade are enumerated and well analyzed. This work went a long way in attempting to see the specific roles played by merchant banks and central bank of Nigeria in financing international in Nigeria.
This work is structure into five chapters the basic highest of all the chapters can be summarized as follows:
1.Introduction to the research mark.
2.International trade in Nigeria, its feature benefits and constraint.
3.Research methodology, analysis of data findings.
4.Historical background, function and structure of the banks.
This work opens with the introduction and definition of international trade, aims of study, scope and limitation, and the significance of the study. The literature are viewed which focuses on international trade in Nigeria is contained in chapter Two. Topics of varying nature and included here, among them are: Nigeria banking system, benefits of international trade, trade restriction, balance payment and Nigeria foreign trade. Chapter three looks at the research methodology and analysis of its findings. The historical background, structure, functions of central bank is highlighted in chapter four. This in charge their roles in international trade.
This work is concluded in chapter five with observation and recommendation.
TABLE OF CONTENT
TITLE PAGE
APPROVAL PAGE
DEDICATION
ACKNOWLEDGMENT
ABSTRACT
CHAPTER ONE
1.1INTRODUCTION
1.2DEFINITION OF INTERNATIONAL TRADE
1.3AIMS OF THE STUDY
1.4STATEMENT OF THE PROBLEM
1.5SIGNIFICANCE OF THE STUDY
1.6SCOPE AND LIMITATION
1.7HISTORICAL BACKGROUND OF MERCHANT BANKING IN NIGERIA
CHAPTER TWO
REVIEW OF RELATED LITERATURE AND STUDIES
2.1.NIGERIAN BANKING SYSTEM
2.2 INTERNATIONAL TRADE AND EXCHANGE RATE POLICIES IN NIGERIA
2.3 BALANCING OF PAYMENT AND NIGERIAN FOREIGN TRADE
2.4 RECENT DEVELOPMENT IN NIGERIA’S BALANCE OF PAYMENT
2.5 PRINCIPLE OF COMPARATIVE COST
2.6 TRADE RESTRICTIONS
2.7 INTERNATIONAL TRADE DEVELOPMENT AND EVOLUTION OF THE NIGERIA ECONOMY
2.8 THE BENEFIT OF INTERNATIONAL TRADE
2.9 FUNCTIONS OF MERCHANT BANKS
2.10 FUNCTIONS OF THE CENTRAL BANK OD NIGERIA
2.11 THE ROLE OF THE MERCHANT BANKS IN FINANCING INTERNATIONAL TRADE IN NIGERIA
2.12 THE ROLES OF CENTRAL BANK OF NIGERIA IN FINANCING INTERNATIONAL TRADE IN NIGERIA
2.13 INSTRUMENTS OF FOREIGN PAYMENT
2.14 SUMMARY OF THE LITERATURE REVIEW
2.15 SUMMARY OF PROCEDURE IN INTERNATIONAL TRADE.
CHAPTER THREE
3.1 METHODOLOGY
3.2 SAMPLING PROCEDURES
CHAPTER FOUR
4.1 ANALYSIS OF FINDINGS
4.2 QUESTIONNAIRES
CHAPTER FIVE
5.1 SUMMARY OF FINDINGS
5.2 RECOMMENDATIONS
5.3CONCLUSION