The Role Of Nigerian Merchant Bank In Financing International Trade

ABSTRACT The classical economics hold that trading is good and essential for every human being.  Relatively one is better of in concentrating in the production of these goods and services in which he has competitive and comparative and advantage and buy from others those goods and services which they can produce relatively more cheaply.  This is applicable to everybody and countries alike. Thus, through the market mechanism, in a market economy, a high level of output of goods and services is attained and shared to the benefit of all in the transaction.  As with indivi…