TABLE OF CONTENTS

Page 

Title Page

Certification ii

Dedication iii

Acknowledgements iv

Abstract v

Table of Contents vi

CHAPTER ONE: INTRODUCTION 

1.1 Background of the Study 1

1.2 Statement of Problem 3

1.3 Aims & Objectives of the Study 4

1.4 Relevant Research Questions 4

1.5 Relevant Research Hypotheses 4  

1.6 Significance of the Study 5

1.7 Scope of the Study 5

1.8 Definition of Terms 6

References 7

CHAPTER TWO: LITERATURE REVIEW

2.1 Introduction 9

2.2 Theoretical Basis of Relationship between Trade Balance 

and Economic Growth 9

2.3 Empirical Review 17

References 22

CHAPTER THREE: RESEARCH METHODOLOGY

3.1 Preamble 24

3.2 Theoretical Framework  24

3.3 Model Specification 24

3.4 Description and Measurement of Variables 25

3.5 Technique of data Analysis 27

3.6 Types and Sources of Data 31

3.7 Method of Data Analysis 31

3.8 Limitation of the Methodology 31

CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS

4.1 Preamble 32

4.2 Econometrics Properties of Data 32

4.3 Descriptive Analysis 35

4.4 Test of Hypothesis 37

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1 Summary 42

5.2 Conclusion 43

5.3 Recommendations 43

Bibliography