Добавил:
Upload Опубликованный материал нарушает ваши авторские права? Сообщите нам.
Вуз: Предмет: Файл:
Латыгина Базовый курс економики на англ.doc
Скачиваний:
491
Добавлен:
08.02.2016
Размер:
3.85 Mб
Скачать

Unit VII International business

lesson 1

Text: International Trade

Grammar: The Infinitive

Terms to remember:

international trade

міжнародна торгівля

consume (v)

споживати

unobtainable

недосяжний, недоступний

domestic

вітчизняний, внутрішній

living standard

життєвий рівень

protectionist measures

протекціоністські заходи

tariff

тариф

quota

квота

exchange control

валютне регулювання

national producer

національний виробник

barrier

бар’єр

free trade

вільна торгівля

International Trade

International trade is the exchange of goods and services between countries. It enables countries to obtain some goods and services more cheaply than they could produce them for themselves or to consume goods and services which would otherwise be unobtainable from domestic supply sources.

Through international trade countries can improve their living standards. International trade keeps domestic prices down by creating competition at home and provides large markets abroad.

Governments can control international trade. The most common protectionist measures are tariffs (a tax on imported goods), quotas (the maximum quantity of a product allowed into a country during a certain period of time), exchange controls. They raise the price of imported goods to protect national producers.

The international trade that takes place without barriers such as tariffs, quotas and exchange controls is called free trade.

Free trade area is a form of trade integration between a number of countries, in which members eliminate all trade barriers among themselves on goods and services, but each continues to operate its own barriers against trade with the rest of the world.

Exercises in Word Study

Ex.1. Form nouns from the following verbs:

produce, consume, improve, control, protect, integrate, eliminate, operate, supply.

Ex.2. Give the English for:

міжнародна торгівля; покращувати життєвий рівень; контролювати міжнародну торгівлю; протекціоністські заходи; валютне регулювання; підвищувати ціни на імпортні товари; захищати національного виробника; вільна торгівля; усувати всі торгові бар’єри.

Ex.3. Match words from list A with words from list B that have a similar meaning:

A

B

obtain

produce

consume

domestic

raise

protect

barrier

obstacle

defend

internal

elevate

use up

manufacture

get

Ex.4. Find suitable opposites to the following words and phrases:

domestic; cheaply; obtainable; to raise the price; international trade.

Ex.5. Match the nouns in the left-hand column with the verbs in the right-hand column.

tariffs

quotas

barriers

raise

remove

eliminate

abolish

impose

pay

exceed

operate

fix

Ex.6. The words in the box frequently occur before and after “trade”.

Find combinations that mean:

  1. trade between buyers/sellers in one country and sellers/buyers in other countries;

  2. trade between buyers and sellers in the same country;

  3. an organization of producers or sellers of similar products that provides advice, information and services for its members;

  4. a group of countries that agree to trade with each other on favourable terms;

  5. a person or business that has supplied goods or services to a company and is owed money for them;

  6. the amount by which the value of a country’s imports is greater than the value of its exports;

  7. an amount that is taken off the normal selling price of a product;

  8. a big exhibition where manufacturers and sellers display their goods;

  9. a name or symbol that is used on the products of a particular company;

  10. an action taken by a government to limit the amount or type of goods imported or exported, usually by introducing taxes and tariffs.