THE EFFECT OF EXCHANGE RATE DEPRECIATION ON INDUSTRIAL REAL GROSS DOMESTIC PRODUCT IN NIGERIA (1986-2013)
ABSTRACT Exchange rate variation has been identified as one of the salient factors that affect economic performance of a nation. Exchange rate plays a crucial role in international economic transactions because no nation is in isolation due to varying factor endowments. Hence, the effect of exchange rate variation on economic growth is subject to analysis in economics. Thus, the focus of this study is to empirically verify the effect of exchange rate depreciation on Nigeria...