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tariffs тарифы
sole agents отдельные агенты
duties пошлины
quotas квоты
multi-distributors дистрибуторы
protectionist протекционистские
joint venture совместное предприятие, СП
local subsidiary филиал
COMPREHENSION CHECK
I. Give English equivalents to the following:
в конечном результате; вызвать; ввести квоту; плохо сделанные; торговые ограничения; товары и услуги; принести в жертву; быть ответственным за; иметь сомнительную экономическую ценность.
II. Read the words and guess their meanings:
Customs, Duty free, Export declaration, Export license, Export trading company, Force majeure, Free port, Import restrictions, Quota, Trade sanctions, Subsidies, WTO.
III. Are the following statements true or false?
1. Generally money flows out of the exporting nation and returns to the importing nation.
2. In a interlinked global economy, consumers are given the opportunity to buy the best products at the best price.
3. International trade involves various currencies.
4. Some trade barriers exist if two countries have similar sets of laws.
5. Each country produces goods and services that can be exported or consumed.
6. When a country decides to protect its economy by breaking some trade barriers, the result is damaged to everyone.
7. With a maximum of trade barriers, international trade and investment usually makes everyone better off.
8. Governments can’t control international trade.
9. A tariff is the maximum quantity of a product allowed into a country during a certain period of time.
10. Companies can choose from various methods to establish their products in a foreign market.
11. Export is the physical movement of merchandise out of a country.
12. Export license is a government document which permits the exporters to export certain goods to certain countries.
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V. Translate into English using all the active possible | | | IV. Fill in the gaps using the words given |