“The overall objective of the study is to determine empirically the dynamic effects of
exchange rate fluctuations on Nigerian agricultural export markets and to examine the relevance of exchange rate risk in agricultural trade flows. Specifically the study intends to: Evaluate the nature and extent of the impact of price and exchange rate volatility on agricultural trade flows.
Estimate the relationships between price and exchange rate volatility and analyse their effects on exports and imports prices.
Investigate the dynamic characteristics of the adjustments of agricultural exports and imports to price and foreign exchange fluctuations.”
