How do I add a library project to Android Studio?

Question

How do I add a library project (such as Sherlock ABS) to Android Studio?

(Not to the old ADT Eclipse-based bundle, but to the new Android Studio.)

Answer 1

Simply import the Android library project as a module and in Build.gradle.

Apply plugin: 'com.android.library'

After that, follow these steps:

1. Right click on Module & select open Module settings
2. Select dependencies, click on +, select library dependencies, and add the previously imported module.