Dictionary definitions.
| quota, manufactured goods, patent, revenue, tariffs, agent, embargo, licence, balance of payments, customs, subsidiary |
1. __________________.
2. , , , , ,
___________________________.
3. , , ,
.. ___________________________.
4. , ,
_______________________________.
5. (),
________________________.
6.
_________________________________________.
7. , , ,
.. ______________________.
8. __________________________.
9. ,
- ____________________.
10. , , ,
__________________________
11. , ,
______________________________.
Ex. 8. Match the words or word combinations on the left with their opposites on the right.
| export visible revenue foreign market favourable to raise the price simple primary goods sole agent | domestic market unfavourable import manufactured goods complicated multi-distributors to lower the prices expenditure invisible |
Ex. 9. Fill in the gaps using words and word-combinations from the text.
| trade restrictions, exceed, comprises, source of revenue, joint venture, balance, customs boundaries, balance of payments, total value (x2), tariffs, subsidiary, revenue and expenditure |
1. Exporting and importing of goods are the major sources of international _________________
______________________ for most countries.
2. The WTO regulates __________ and reduces ________________ between member countries.
3. International business _________________ many different types of services.
4. Companies can either set up a local ___________________ or ___________________ with a
local partner.
5. If there were no tariffs, _____________________, trade would then flow freely throughout
the world.
6. Earnings from transportation and from foreign travel can be an important ________________.
7. When exports _____________imports we say that the country has a favourable ____________
______________________.
|
|
|
8. Over a period of time the ___________________of exports should _______________with the
__________________ of imports.
Ex. 10. Match the fords from the left column with he words from the right column to form
A word-combination. There is more than one variant possible.
| international visible shipping reservations foreign to regulate primary to flow sole manufactured local sales joint | agencies tariffs products goods exports and imports trade market companies office venture throughout the world branch agent |
Ex. 11. Translate the words and phrases given in brackets.
1. ( ), such countries as Greece and Norway ( ) on
revenue ( ) carrying foreign cargo on their ships.
2. When exports () imports we say that the country has a favourable (
).
3. This often leads to the company opening a ( ) or (
).
4. Exporting and importing of goods are the ( ) of international (
) for most countries.
5. International trade is ( ) between different countries.
6. ( ) primary products agriculture, mining, oil extracting countries (
) to follow this simple rule.
7. If there were no tariffs, customs boundaries, ( ), trade would
then flow freely ( ).
8. Another option is to sell, or ( ) patents and licences for
their products.
