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VocabularyC. B. A. SPEAKING LISTENING
You will hear Ajit Singh, Professor of Economics at Cambridge University, talking about free trade and unemployment. A. Listen to the first part of the interview, and then listen a second time and complete the following sentences. 1. Formerly, the less developed countries were against free trade because … 2. Countries like South Korea and Malaysia are competitive today because they’ve been able to … 3. Free trade is disruptive; in other words … 4. The advantage of free trade is that … 5. People in industrial countries can only put up with the disruption caused by free trade if … B. Listen to the second part of the interview and answer these questions. 1. What would African countries need to do if they wanted to develop a car industry? 2. What does Ajit Singh say could lead to full employment in the rich countries? 3. What does he say will be the consequence if mass unemployment continues? 4. Does he foresee an end to mass unemployment? Read the dialogue, identify how each speaker makes himself sound ‘nice’. Act the conversation out.
Role-play Divide into two groups – economists and the government. The government use arguments to advocate trade restrictions. The economists prove the benefits of free trade. 1. Do you agree that people’s tastes today are more homogeneous? Why? Which products do you know of that are found in most parts of the world today? 2. What does your country export and import? What are the reasons for this? 3. Which countries are your major trading partners? 4. Which ‘uneconomic’ (or internationally uncompetitive) sectors, if any, do you think should be protected in your country? 5. Would total free trade result in the creation of jobs, or in unemployment, in your country?
absolute advantage – абсолютное преимущество comparative advantage – сравнительное преимущество customs duty – таможенная пошлина embargo n – юридический запрет торговой деятельности export n – экспорт protectionism n – протекционизм (политика государств направленная на ограждение национальной экономики от иностранной конкуренции) restriction n – ограничение specialization n – специализация tariff n – тариф пошлина расценка
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