The Evolution of Romania’s International Trade in Services During the COVID-19 Crisis

Abstract

International trade was among the most affected by the COVID-19 pandemic, the drop in the global trade in goods being worse than the one during the financial crisis of 2008. The COVID-19 pandemic is a very complex phenomenon because it generated unexpected crises in the economic systems, national health systems, educational systems, social systems and cultural systems (Bratianu 2020). Global trade was affected by the restrictions on free trade and the closure of the productive activity, whose consequences further reverberated in economies all around the world. We can consider international trade as one of the most important channels through which