(a) Describe five factors responsible for the low volumes of trade between Nigeria and the other African countries
(b) Suggest five ways of increasing the volume of trade between Nigeria and the other countries in Africa
(a) Factors responsible for low volume of trade between Nigeria and the other African countries:
(i) Preference for goods from advanced countries
(ii) Poor transport links
(iii) Similarity in products
(iv) Low level of technology
(v) Trade restrictions
(vi) Existence of regional trade unions
(vii) Ties with former colonial masters
(b) How to improve the volume of trade between Nigeria and the other countries:
(i) Construction of transcontinental transport network
(ii) Protection from competition
(iii) Encouraging specialisation in production
(iv) Improving savings capacity
(v) Formation of an African Economic Community
(vi) Patronizing locally made goods by all countries in Africa
(vii) Improving technology
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