Finance and financial system


Task6. Find the words or phrases in the text that mean the following



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english test

Task6. Find the words or phrases in the text that mean the following:


1) to put into operation;

 

2) to keep safe;

 

3) to move from a lower to a higher level;

 

4) to decide or fix the amount of a tax or a fine;

 

5) to bring in from a foreign country;

 

6) law passed by the government or other law-making body;

 

7) the total annual income of the country;

 

8) one of the parts of a mixture;

 

9) written order to a bank to pay money;  

 

10) using up (of food, energy, materials)

              Task 7. Say if it is true or false. Correct the false statements.



1. Protective tariffs are designed to provide a major source of income for the federal budget.

2. Revenue tariffs are aimed at protecting domestic production from foreign competition.


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