Econometric assessment of the level of development of balanced foreign economic relations in conditions of uncertainty

The article presents an assessment of the factors influencing balanced foreign trade ratio economic relations on basis author’s methodological approach example Republic Azerbaijan. relevance study is due to importance optimizing policy through econometric affecting balance ratio. aim form a model level development in conditions uncertainty. author uses entropy, statistical and methods , including coefficient regression analyses. paper analysis relationship between activity, entropy exports imports, real nominal effective exchange rate national currency against currencies, degree openness economy, using EViews software package. synthesis theoretical apparatus presented modeling activity constitutes scientific novelty research. revealed that increase each country relation as well significantly increases activity. concludes by determining quantity usefulness information share main import or export partner countries under study, it possible assess activities countries, influence currencies. results can be used subsequent studies for management country’s economy.