Modelling the Equilibrium on External Market Case of Slovakia

The Slovak economy suffers from serious problems in the field of export and import, international trade. So today's research agenda is highly oriented on this problem. There are noteworthy differences in the effectiveness of the foreign sector performance between Slovakia and many developed countries. To get satisfactory economic performance, we see as one of the important problem to use tools that will help to create the strategy for the phenomenon captured under the popular heading globalisation. Empirical techniques based on model are the field that has become the interest of our research. The paper will present the model based on the principles of Mundell-Fleming. We maintain that one of the principles might be the problem of reaching the equilibrium in foreign sector. But what determines the equilibrium. The paper goal is to get the answer.