COMECON membership Flashcards
1
Q
What % of its trade was with the USSR and E. Bloc?
A
76%
2
Q
Fact about the GDR in the E. Bloc? What did the GDR supply E. Bloc with?
A
It was the most sophisticated industrial economy with the highest SoL.
Chemicals, microelectrics and electrical engineering
3
Q
Who was the GDR’s largest trading partner and fact?
A
USSR
45% of the GDR’s exports went to the USSR
4
Q
What % of the GDR’s iron ore and oil came fromthe USSR
A
90%
5
Q
What % of the GDR’s rolled steel came from the USSR?
A
80%
6
Q
To what extent was the GDR sheltered from the 70, oil crisis?
A
Partially
7
Q
Why did it run up lots of debt in the 80s
A
The soviets reduced oil supplies
8
Q
Who was their most important trading partner in the 80s?
A
FRG in regards to agriculture, trade and availability of loans
