The Effect Of Exchange Rate In Balance Of Payment Of Nigeria Economy

BACKGROUND OF THE STUDY                                                In any nation, there arem basically four objectives or goal of micro- economics policies. i.     High level of employment ii.    A reasonable stable price iii.    Rapid economic growth and maintenance of equilibrium in the international balance of payment.        The last objective (balance of payments stability is very crucial since then basic condition of the world community is one of the mutual independence. Again, there is not a country in the world that does not rely to some degree for it’s national well being on int…