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B. Mark the sentences a) T ( True )
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B) F (False)
C) NG (Not Given)
1. Economists divide the factors of production into land, labor and capital.
2. Entrepreneurs become very successful in economies where they have the freedom to start businesses and buy resources freely.
3. Division of labor make the production process more efficient.
Variant № 9
I. Match the words with the definitions
1) import a) documents showing that you own shares in a
company
2) export b) the amount by which something is less than you
need or should have
3) interest c) goods or services sold to a buyer in another country
4) securities d) more of something than it is necessary
5) surplus e) money that you receive from a bank when you keep
money on an account there
6) deficit f) the system of money used in a particular country
7) currency g) the value of money of one country when you change
it into the money of another country
8) exchange rate h) goods or services purchased from a seller in another
country
II. Complete each sentence with a word from the box
| exchange rate deficit export manufacturing competition surplus currency import |
1. If you trade with other economies, you can........goods that do not exist in your economy.
2. Almost every country in the world has its national.......
3....... allows you to determine how much of one currency you can exchange for another.
4. More........ will mean better quality and greater value for money.
5. If the flow of money out of the economy is greater than the flow of money into the economy, then there is a trade........
6........ increases the size of the market for producers.
7. Many countries in Asia have an absolute advantage in........electronic goods.
8. When exports earn more money than imports, there is a trade.......for the economy.
III. These are confused pairs of words. Choose the correct alternative for each sentence
1. ACCEPT / EXCEPT
a) We found everything.........the right document.
b) We could not....... the explanation.
2. ENSURE / INSURE
a) Our new research strategy......that we get the best possible results.
b) This policy......you against theft and fire damage.
3. PRINCIPLE / PRINCIPAL
a) The.......reason we didn't pursue it was the cost.
b) We didn't want to continue the case, mostly because of..........
4. PERSONNEL / PERSONAL
a) Many of her.......belongings had been stolen.
b) Smith’s company has a ………… problem: their employees want a 20% pay
increase.
IV. a) КОПР № 1
B) Complete each sentence with a verb in the correct form, - ing or to...
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1. Let me begin by.......you something about our company's history.
a) tell b) telling
2. He has gone to the UK........in his uncle's shop.
a) working b) to work
3. We managed.........an important customer.
a) acquiring b) to acquire
4. They guarantee........the work before 5 o'clock.
a) to finish b) finishing
5.Julia is interested in........ her own business.
a) starting b) to start
6. If we don't constantly innovate, we risk.........behind our competitors.
a) to fall b) falling
V. a) КОПР №5
B) Choose the correct option a-c to complete the sentences
1......... us the new price list of your products yet? We need it as soon as
possible.
a) did you send b) have you sent c) didn't you send
2. We.......this product since the beginning of the year.
a) have been producing 
b) are producing c) have produced
3. He........ any experience in marketing.
a) has had b) hasn't had c) didn't have
4. Without any reason, the customer returned the goods that we........
a) have delivered b) delivered c) had delivered
5. The two corporate CEOs were very excited because they........ a big
business plan.
a) had been negotiating b) had negotiated c) have been negotiating
6. We are happy to inform you that we........ a new branch in Australia.
a) established b) have established c) had established
7. These customers.......our machines for over a decade.
a) were purchasing b) are purchasing c) have been purchasing
8. We spoke about the conference that........the week before.
a) had taken place b) has taken place c) took place
VI. a) КОПР № 6
B) Rewrite the sentences in the passive
1. Sales were rising fast when our sales manager left the company.
Sales were rising fast when the company........ by our sales manager.
a) was left b) left
2. We will deliver the goods immediately.
The goods.......immediately.
a) will be delivered b) will delivered
3. When I arrived at the office the secretary had already sent the letter.
When I arrived at the office the letter........
a) had sent b) had been sent
4. The management will discuss the problem next week.
The problem....... by the management next week.
a) will be discussed b) will be discussing
5. The employees are improving the situation.
The situation.........by the employees.
a) is improving b) is being improved
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