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Acquisition of Mastery / Part One.doc
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Vocabulary

proposition – a judgment, suggestion (business, politics)

benefit – (from)to bring advantages to someone or improve their way in some way; benefit (v):have the benefit of; reap the benefit of (=use and enjoy the advantages of something you have worked to achieve); be of benefit (be useful or helpful in some way); be on benefit; give sb the benefit of the doubt – to accept what someone tells you even though you think they may be lying

hitch – to ask a free ride from the drivers of the passing cars by putting your hand out with your thumb raised; hitch-hike; hitch (n) - a problem that delays something for a short time: without a hitch

induction – the introduction of someone into a new job, company, official position: induction course; a ceremony in which someone is officially introduced into an official position; induct (v), inductee (n). Compare: induce – to make someone decide to do something, especially something that seems unwise; to cause a particular physical condition; inducement – something such as money or a gift that you are offered to persuade you to do something

stir – mix, move slightly; make someone have a strong feeling or reaction: stir sb’s memory/imagination; to cause trouble; stir (n) a feeling of excitement or annoyance: create/cause a stir; stirrings ( of love/ douby/ rebellion) early signs that love is starting

slap – to hit someone with the flat part of your hand; slap down – criticize unfairly and unkindly so that they lose confidence; slap sth on – to suddenly announce a new charge, tax etc, especially unfairly or without warning

retaliate – to do something bad to someone because they have done something bad to you; retaliation (n): in retaliation for

impose – (a ban/ tax/ fine etc on) – to officially order that something should be forbidden, restricted, taxed; impose a burden/ strain etc on/ upon - have a bad effect on someone by causing them problems; to force someone to have the same ideas or beliefs; imposition (n)

prosperity – a condition of having money and everything that is needed for a good life; prosper (v), prosperous

1. Match the words with their definitions.

resist suddenly understand something

see the light thrift

sound recommendation evil spirit, especially in children’s

imagination

budget-conscious oppose or fight

toleration unreasonable scare of someone

bogeyman a temple built in honour of all gods

earnest sensible, well-grounded

pantheon acceptance of other people’s ideas

contradicting yours’

paranoia serious, believing that what you

say is important

2. Explain the following.

  1. to live in squalor

  2. Alarm about imports tends to ebb and flow with the economy – less in good times, more in bad.

  3. You can’t complain much if people dial your toll-free number and gripe about world trade.

  4. You can’t blame party poopers for showing up to horn in on the publicity.

  1. Answer the following questions.

  1. Why isn’t it obvious that free trade is beneficial?

  2. Why does the author parallel free trade with a religious cult?

  3. What is the paradox of ambivalent consequences of free trade for people?

  4. What could happen if the US slapped tariffs on some commodities?

  5. Will a country benefit if it imposes barriers shielding its economy from foreigners?

  6. How has the climate of toleration for free trade gospel changed lately?

  7. Why has WTO rather than its predecessor become the global bogeyman?

  8. Is the WTO responsible for the special nature of the current prosperity?

  9. How does free trade affect national sovereignty?

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