01 Listening Week 1 Trade

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Read and listen. Fill in the blanks with the words you hear.

Have you ever (0) swapped sandwiches with a friend at (1) or


with neighbours? “Trade” is the name we give to any (2) of one thing
for (3) else. Trading can take place (4) people,
companies, and countries.

Trade involves (5) , money, and goods. Maybe you mowed your
(6)
neighbor’s , and she paid you. That was trading
(7) (8)
a for money. Or you traded your scooter for
(9)
a friend’s video game. That was trading .

People and countries may trade because they have too much of
one (10) and need something (11) . For instance,
(12)
some countries a lot of rice. They produce more than they need
(13)
for . That allows them to sell their rice
(14) (15)
to countries. The of the rice send money to
(16) (17)
the . The sellers use that money to
(18)
buy or services.

Trade (19) people to sell, buy, or (20) goods and


services to get what they need.
Answers:
1) lunchtime
2) exchange
3) something
4) between
5) services
6) lawn
7) service
8) maybe
9) goods
10) thing
11) else
12) grow
13) themselves
14) other
15) buyers
16) sellers
17) might
18) goods
19) allows
20) exchange

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