Unlocking Economic Growth: How International Trade Transforms Developing Countries
International trade is crucial for developing countries like Nigeria and Ghana. It helps boost their economies by increasing earnings, creating jobs, and reducing poverty. The study looked at how trade impacts these countries and suggests that they need specific policies to support it. By analyzing data from 2000 to 2019, the researchers found that foreign trade plays a key role in driving economic development in African nations. To achieve their development goals, these countries should focus on tailored policies that suit their needs, rather than copying strategies from other regions.