Lecturer Luiza APOSTOL, PhD candidate
University of Piteşti, Faculty of Economic Sciences
Abstract
This paper contains an analysis of the evolution of Romania’s trade balance and the relevant indicators of the external debt in the period 2000-2012. Trade balance deficits are the main cause of the negative current account balance, of the external imbalance and the need to resort to external borrowing in order to strike an equilibrium of the balance of foreign payments. Over the entire period analyzed, the trade balance closely follows the current account developments. The aim of the statistical analysis is, in this case, identifying imbalances, unbalanced developments or the combination of various trends and factors to generate serious imbalances.
