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Exercise 1. Give the answer to the question according to the information in the text



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Exercise 1. Give the answer to the question according to the information in the text.


1. Do a budget deficit and trade deficit affect each other?
a) A budget deficit is very different from trade deficit and doesn’t affect the last.
b) A budget deficit is very different from trade deficits but the two affect each other.
c) A budget and a trade deficits are not different that’s why they affect each other.
2. What do most governments do to pay their budget deficit?
a) They ask voters to pay higher taxes.
b) They try to intensify national economy.
c) They sell government bills.
3. What are the relations between a spendthrift country and its foreign investors?
a) Foreign investors lose confidence in a spendthrift country.
b) Foreign investors are always ready to help a country with budget and trade deficit.
c) Foreign investors urgently sell most of their goods to a country with budget and trade deficit.

Exercise 2. Make one sentence from two parts according to the information in the text.


1. During the 1980s Swedish a) to bring its budget
cars and French mineral water … under control.
2. A trade deficit results from … b) were part of a vicious circle of budget deficits.
3. The large U.S. trade deficits c)became much cheaper than similar of the 1980s… U.S. products.
4. Sooner or later every country d) a country importing more than it
has to decide … expects.

Exercise 3. Choose the suitable definitions to the words and collocations with the word “market”.


1. to put the business on the market a. to be available for buyers
2. the open market b. the place to buy things
3. the street market c. a system of producing goods
on the basis of the free business and trade
4. to be on the market d. to be interested in buying something
5. the market e. the market without official restriction
6. market economy f. selling things from tables
7. to market g. the world market in the art
h. to offer the business to sale
i. to try to persuade someone to buy your goods
LANGUAGE ACTIVITY

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