Fundamentals of Economics. Доловова Н.Н - 22 стр.

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УлГТУ | Ульяновск

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22
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ability to trade with others. Trade allows each person to specialize in the activities he
or she does best, whether it is farming, sewing, or home building. By trading with
others, people can buy a greater variety of goods and services at lower cost.
Countries as well as families benefit from the ability to trade with one another.
Trade allows countries to specialize in what they do best and to enjoy a greater
variety of goods and services. So, the Japanese, as well as the French and the
Egyptians and the Brazilians, are as much American partners in the world economy
as they are their competitors.
Words to remember
trade - торговля (among, between; with; in);
коммерческая деятельность
well-off (better-off) – богатый, зажиточный
to c onc ern - касаться, относиться; описывать;
затрагивать
to interact - взаимодействовать
competitors - конкуренты
compete - конкурировать, состязаться, соперничать
compition - конкуренция
customer - заказчик, покупатель; клиент
to lose – проигрывать; тер ять; нес ти
потери, убытки, ущерб
to gain - выигрывать
despite - несмотря на, вопреки чему-л.
sewing - шитье
variety – разнообразие
to benefit (from) - помогать, приносить пользу, извлекать
выгоду
The Bolt that Holds the Ikea Empire Together
Ingvar Kamprad is no ordinary multi-billionaire. The founder of the Ikea
furniture empire travels economy class, drives a 10-year-old Volvo and buys his fruit
and vegetables in the afternoons, when prices are often cheaper. Ask him about the

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