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Abstract: This study wants to empirically examine the impact of the various exchange rate reforms in Nigeria to know whether the country’s exchange rate policy regime has significant influence on the export price competitiveness of the country. the study employs the autoregressive distributed lag (ARDL) bounds testing approach to cointegration. The evidence from this study support the proposition that exchange rate reforms was important in improving the export competitiveness of Nigeria, especially during the era of managed exchange rate regime, spanning 1986-2015. However, the findings show that exchange rate reforms alone is not sufficient for export competitiveness to be attained. |
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