ABSTRACT
The chief constituents of German exports were industrial raw materials, semi- and wholly-manufactured goods, even before the War, but to a still greater extent in the post-War period. Among the great industrial Powers of Europe only Great Britain's exports showed a greater percentage of manufactured goods. Germany's highly developed industrial organisation reveals a preponderance of industries of capital goods over industries of consumer's goods. The great importance of the industries of capital goods was reflected in German post-War industrial exports by a characteristic increase, relative as well as absolute, in the exports of a number of the great industries of capital goods. The importation of German goods to Czechoslovakia was very similar to that of German exports to Austria except that Germany's export of semi-manufactured goods was somewhat more specialized and those of finished goods somewhat less than in the case with Austria. The much stronger Czech protectionism was expressed in correspondingly higher actual tariff levels for Germany.
