and exchange rates on the basis of crude oil export and import volume. Monthly data from January 2004 to December 2015 has …

positively affected by the ratio of exports/GDP and negatively affected by imports/GDP as well as by significant deviations of …

regressions, the results show that direction and magnitude of the relationship depend on Germany´s export and import shares in a … Weise mit den jeweiligen Export- und Importanteilen Deutschlands verknüpft ist. Ferner gibt es Anzeichen dafür, daß die …