UNIT 5

International trade in which companies can import and export each other's goods without the usual taxes, limits, etc…:

A............... in retail sales in the second quarter has resulted in a poor forecast.

"Able to provide everything you need for yourself, especially food, without buying from or being helped by others"

What word is this the definition of?

• Mobility

• Self-sufficient

• Comparative advantage

• Free Trade

This overvalued the currency, causing an increase in imports and thus a current-account ……..

• Mobility

• Migrant

• Deficit

• Complexity

The government claims to be doing all it can to…...... corruption.

• constrain

• eradicate

• resilience

• degradation

Which field of study studies the size, structure and distribution of populations?

• Economics

•  Sociology

• Demographics

• History

If accepted, the new ….... agreement would build on existing arrangements in South America.

• Free trade

• Extraction

• Migrant

•  Constrain

These are responsible employers who are not seeking to….loopholes in the legislation.

• Uniform

• Constrain

• Stagnation

• Exploit

Complexity synonym is:

• complication

• flexibility

• simplicity

• adven

This period saw the increase of real wages and ................ in British society.