Английский для экономистов и менеджеров. Ульянова О.В - 79 стр.

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perts to come to a conclusion. The organization has dealt with about 300
such cases since 1995.
Section D ________________________________
International Trade at the turn of this century was about 14 times greater
than it was at the time of the first GATT talks over fifty years ago. But it’s
not only the volume of trade that has changed. The early GATT agreements
were mainly about trade in goods, but today’s agreements cover a much wid-
er range of trade, including banking, telecommunications and travel services.
The WTO also works to ensure agreements on intellectual property such a
copyright, patents and designs.
Section E ________________________________
• The rules for international trading are decided democratically by mem-
ber states.
• Countries can be sure that their goods and services will be treated fairly
in the world market.
• Increased prosperity for member states and improved welfare for the
people who belong to them.
• Trade disputes between countries can be settled peacefully, making the
world a safer place
32 Skim sections A-D quickly and arrange them in this succes-
sion.
1. History
2. Function
3. Structure
4. Methods
33 Read the text in the proper order. Guess the words in bold. Check
with a dictionary.
BACKGROUND TO THE FEDERAL RESERVE
Section A
The Fed’s first task was to organize, standardize and stabilize the mone-
tary system in the U.S. It had to create a system to deliver ‘liquidity’, in other
words it had to make sure that banks could honor withdrawals for their cus-

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