The Impact of Covid-19 Pandemic on Romania’s Trade Balance

In the past year the whole world was affected by the Covid-19 pandemic, Romania was not excepted from that, the economy changed after being impacted by Covid-19 pandemic. Although the impact was visible in small business most and in the sanitary domain, Romania having a major sanitary crisis, the im...

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Bibliographic Details
Main Authors: Maria Girip, Daniela Maracine, Lacramioara Alina Dracea
Format: Article
Language:English
Published: Ovidius University Press 2021-01-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:https://stec.univ-ovidius.ro/html/anale/RO/2021/Section%203/19.pdf
Description
Summary:In the past year the whole world was affected by the Covid-19 pandemic, Romania was not excepted from that, the economy changed after being impacted by Covid-19 pandemic. Although the impact was visible in small business most and in the sanitary domain, Romania having a major sanitary crisis, the impact also affected the trade balance and enlarged the trade deficit even more. This paper plans to analyse the changes from before the pandemic and after, by observing the commercial balance fluctuations from 2010 until March 2021, with the latest data available.
ISSN:2393-3127