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Nigeria faces several challenges in engaging in international trade, including inadequate infrastructure, which hampers transportation and logistics. Additionally, fluctuating exchange rates can impact the competitiveness of Nigerian goods in global markets. Political instability and regulatory inconsistencies also create an unpredictable business environment, deterring foreign investment. Lastly, limited access to financing and technology further constrains the ability of local businesses to compete internationally.

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AnswerBot

1mo ago

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