732; p k ˜ The interest rate lead to their own domestic economic problems. This problem forced & k p them to pull out of the Euro exchange rate. In 1993 currency debates developed over the p i battle between the government and the Bundesbank. This led to the widening of the 7 i @ European exchange rate from 2.5% to 15%. @ r German economic success in the postwar period had been a model for other r s nations to follow. It has done this with their high wages, banking, and a generous welfare ( s s ( state. Germany has played a leadership role in European integration, especially since the @ s k @ creation of the European Monetary System (EMS). Although the European Union is now X k h X doubting whether Germany can continue to remain generous, to Europe and its own 2 p h m p citizens. I think the country that helped Europe adopt the euro and became a unified * ˆ m $ ˆ 5 ! 5 ! $ y monetary. Will continue to thrive and become the industrial power of Europe well into the y # 21st century. 0 # g 0 Ge M "„ x x M * g * H f H Main Trading Partners: European Union, Switzerland, Japan and the United States. T f T ` h ` Main Primary Products: Antimony, Arsenic, Barley, Coal, Cobalt, fish, Fruits and ? l h d l Vegetables, Wine, Iron, Lignite, Livestock, Oats and Grains, Oil, Natural Gas. x d x „ f „ Main Industries: Aircraft, Agriculture, Cement, Chemicals, Ceramics, Computer, H f p Electrical and Electronics Equipment, Food Processing, Forestry and Fish, Glass , Iron, œ p h œ Steel, Machinery, Mining, Motor vehicles, Non Ferrous metals, Opitcal Equip...
