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The objective of this book is to investigate the determinants of economic growth by testing the validity of the export-led growth hypothesis by Keong et al (2002), model which explains economic growth as a function of exports, capital formation (investment), labour, imports and exchange rates. However the model will maintain only two variables that is exports and FDI but still be specified in the linear logarithmic regression form. Based on this model, both exports and foreign direct investment have stimulated positive adjustment to economic growth, whereas variables such as imports and exchange rates are found to influence growth negatively.