EFFECTS OF FOREIGN TRADE ON AGRICULTURAL OUTPUT IN NIGERIA (1981-2018)

The current study examined the impact of foreign trade on agricultural output in Nigeria based on data sourced from 1981 to 2018 by employing a number of estimation techniques such as Cobb-Douglas, unit root testing, autoregressive distributed lag among others within the context of two profound theories of exchange rate - the vent – for surplus theory of international trade; factor endowments theory. Our study observed that foreign trade exerts negatively on agricultural output. Our results have some empirical implications.