The lack of a German language testing instrument for economic literacy has led to problems for researchers in German-speaking countries to establish the level of economic literacy in those countries. The translation of the 23rd edition (1987) of the Test of Economic Literacy (TEL) into a German version, known as the Wirtschalfliche Bildung Test (WBT), has enabled that research process to begin. The TEL was adapted for German-speaking students and the economic terms were translated with the goal of maintaining the subjective difficulty of the examination. Problems with intercultural differences caused several questions to be modified. Thirty-one experts at eight German-speaking universities, when asked to judge how well each question in the WBT would measure economic literacy, felt that the test does measure economic literacy, but more than half of them felt that essential aspects of economic literacy were not tested. Testing shows that just as the TEL discriminates between groups of students with different educational backgrounds in economics so does the WBT. A list of six references is included. (PPB)