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– 67 –
8. it’s obvious
9. the pound is in a weak position
d) Read the text again. Find and learn by heart:
10. ten words you may need to use more often.
11. five word combinations you may need, with their equivalents
in Russian.
12. three longer expressions with their equivalents in your
own language.
5. VOCABULARY WORK
a) Complete the following notes on the article.
THE DEATH OF ECONOMICS
1. The world economy is .......... apart.
2. No one has a .......... what’s going wrong.
3. Supply and demand always used to .......... themselves out.
4. We now swing from hyperinflation to soaring .......... .
5. Government economic .......... are more unreliable than ever.
THE WORLD ECONOMY
6. The US is unable to .......... its trade gap with Japan.
7. Japan and Germany are sliding deeper into.
8. The former Communist countries are on the verge of economic
.......... .
UNEMPLOYMENT
9. Unemployment poses the greatest .......... to the world economy.
10. Western companies are exploiting cheap .......... in the East.
11. In the USA and Japan people are employed at well below the
minimum.
12. The consequences are far- .......... .
ECONOMIC GROWTH
13. Contrary to popular opinion, economic growth is not the
.......... .
14. Economic growth amongst the world’s richest nations has
been .......... since the 60 s.
8. it’s obvious
9. the pound is in a weak position
d) Read the text again. Find and learn by heart:
10. ten words you may need to use more often.
11. five word combinations you may need, with their equivalents
in Russian.
12. three longer expressions with their equivalents in your
own language.
5. VOCABULARY WORK
a) Complete the following notes on the article.
THE DEATH OF ECONOMICS
1. The world economy is .......... apart.
2. No one has a .......... what’s going wrong.
3. Supply and demand always used to .......... themselves out.
4. We now swing from hyperinflation to soaring .......... .
5. Government economic .......... are more unreliable than ever.
THE WORLD ECONOMY
6. The US is unable to .......... its trade gap with Japan.
7. Japan and Germany are sliding deeper into.
8. The former Communist countries are on the verge of economic
.......... .
UNEMPLOYMENT
9. Unemployment poses the greatest .......... to the world economy.
10. Western companies are exploiting cheap .......... in the East.
11. In the USA and Japan people are employed at well below the
minimum.
12. The consequences are far- .......... .
ECONOMIC GROWTH
13. Contrary to popular opinion, economic growth is not the
.......... .
14. Economic growth amongst the world’s richest nations has
been .......... since the 60 s.
– 67 –
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