Internationality is in the Federal Republic of Germany no mere slogan. A country whose industry and commerce is so closely interlinked with the economies of other countries needs international cooperation, and that not only within the restricted circle of its EEC partners, but also in the wider...

Importe haben für manche Gruppen einer Volkswirtschaft eine unangenehme Konsequenz: Importe reduzieren die Gewinne; sie zerstören Arbeitsplätze in den Sektoren, die Importsubstitute herstellen; sie bedrohen die Position von Wirtschaftszweigen und vernichten gar die Existenz. Möglicherweise...

German unifikation hit the West German economy in a prosperous and appeared as a huge demand shock at least for the first few quarters. This combination resulted in a major increase of imports from the main trading partners of West Germany, which may have helped to cushion recessionary trends...