ANALYSIS MODELS OF ROMANIA'S FOREIGN TRADE

It is acknowledged that export is one of the most important factors that determine the outcomes and the evolution of any national economy. A developed economy will be characterized by the observable effectiveness of its foreign trade. Due to its importance, the foreign trade is a major focus. for statistical analyses. These analyses, using different methods with various degrees of complexity, outline the existence and the characteristics of the connection between the main phenomenon and its influence factors. This paper presents some models able to support the statistical analysis of the foreign trade. The linear model is one of the most reliable instruments for a single factor approach. For analyses based on more than one influence factor, the multiple regression can be applied. The articles includes a case study, revealing the main evolutions of the foreign trade key indicators, and the influences induced by the most relevant internal factors.