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Білет №6
Білет №6
Task 1. Read the text and choose the best word to fill the gap from the choices A-D below the extract.
There is an example at the beginning (0).
Globalization is the term used to describe the 0) …… integration of the world’s economy. There are
interrelationships throughout the world between 1) …… businesses, between competitors and between
businesses and consumers. Businesses and consumers are 2) …… relying on overseas markets and suppliers.
Decisions taken in one part of the world 3) …… other parts. Businesses base their decisions on what is 4) ……
in the “world market” rather than national markets. The 5) …… of multinational companies can be seen in
many countries around the world.
A number of factors have contributed to the growth of globalization. First of all, technological change
has played an important role in globalizing the world’s economy. Besides, the 6) …… of transportation and
communication has fallen. The removal of restrictions on foreign businesses operating in eastern European
and Asian countries also increased the ability of businesses to operate globally. Consumers in many countries
are more willing to buy foreign products. New markets have opened up in countries that have seen a growth in
their national income. As businesses in these countries have become more successful, they have been able to
compete in western 7) …… .
Global trade has 8) … advantages … disadvantages. Supporters of trade argue that it creates more jobs
and promotes economic growth. 9) …… , opponents of globalization criticize global trade as causing more
harm than good. They claim that it will lead 10) …… further concentrations of power and wealth with
multinational businesses that will make ever larger profits.
Task 2. Open the brackets using the correct form of the word.
1. I believe that he results of the election _________ (to announce) next week.
2. He denied ________ (to use) my laptop.
3. My colleague told me that she __________ (may) go on business two days later.
4. Tom promised that he _________ (to call) me the following day.
5. Some government agencies offered _________ (to help) businesses introducing new technologies.
6. If I knew how to resolve this conflict, I _________ (to give) you some advice.
7. We missed the flight. If we _________ (to arrive) on time, we wouldn’t have missed it.
8. An exhibition _______ (to show) the latest achievements in the restaurant equipment was held last
month.
9. Some of the people ________ (to invite) to the conference, won’t be able to come.
10. A month ago a survey ________ (to conduct) by the company before taking a decision which price to
set for its hot dogs.
Task 3. Decide whether these statements are true or false.
1. Price-taking behavior implies that no firm can have any important role in setting prices so all firms
must take the price as given.
2. Monopolies are inefficient and harm consumers, therefore governments enact antitrust laws.
3. Real estate agents and taxi drivers are examples of positions in the international labour market.
4. The Producer Price Index examines the weighted average of prices of a basket of consumer goods and
services.
5. Management is responsible for planning, organizing, directing and controlling the most important
activities of an organisation.
6. Decreased labour migration gives benefits to both workers and recipient countries.
7. It is easy to set the correct price for your product or service.
8. To stimulate economic growth the government may intervene by raising its spending or cutting taxes.
9. The periods of expansion and recession occur at regular intervals.
10. Due to telecommunications people can work from home and communicate their office by telephone or
PC.