Polish-German economic relations

What is the position of Germany in Poland's foreign trade

• Number 1

• Top 10

• Top 30

• Irrelevant

What is the position of Poland in Germany's foreign trade

• Number 1

• Top 10

• Top 30

• Irrelevant

In which of the following product groups Poland registers significant surpluses in trade with Germany

• vehicles and their parts

• machines

• chemical products

• plastics and rubbers

In which of the following product groups Poland registers significant deficits in trade with Germany

• vehicles and their parts

• machines

• furniture

• animal products and foodstuff

Overall, the Polish-German trade can be characterized in the following way

• Balanced with a high degree of intra-industry trade

• High trade surplus of Germany with a low degree of intra-industry trade

• High trade surplus of Poland with a high degree of intra-industry trade

• Balanced with a low degree of intra-industry trade

The largest FDI investors in Poland are

• Netherlands and Germany

• Germany and the United States

• Cyprus and Luxembourg

• Netherlands and Austria

In which of the following measures of Foreign Direct Investment in Poland Germany dominates other countries

• Number of companies

• Amount of capital invested (stock, position)

• Amount of investment income

• None, the Netherlands dominate in all these measures

Which of the following comments about prices and inflation rates is correct

• Price level is higher in Germany, but inflation rates are comparable (recently again higher in Poland)

• Both price level and inflation rate is higher in Poland

• Both price level and inflation rate is higher in Germany

• Price level is higher in Poland but inflation rate is higher in Germany

Which of the comments about Polish and German GDP growth rates during the last 20 years is true:

• Polish GDP grows consistently faster than German, but seems to follow the same business cycle

• Polish GDP sometimes grows faster than German, but it seems that the business cycles are totally desynchronized

• German GDP consistently grows faster than Polish, but within the same business cycle

• Polish GDP grows while German GDP falls

Obligatory reading question: Which of the following is seen as a weakness of the Polish economy by Euler-Hermes report:

• Diversified sectoral external trade structure

• Political and policy uncertainties as well as high external debt burden

• Strong exchange rate fluctuations

• EU membership