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REVIEW ON INTERNATIONAL MARKETS

  •  English    13     Public
    ARTICLES 1 AND 2 FROM MARKET LEADER INTERMEDIATE UNIT 9
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  • The US should concentrate on being more competitive economically
    true
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  • The US should be protectionist
    False: "The US should focus on improving its overall economic competitiveness instead of seeking protectionism..."
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  • The US should argue for a stronger Chinese currency in order to reduce the US's trade deficit with China
    False: "it should not argue for a stronger currency (...), since the value of the yuan is not the fundamental cause ..."
  •  15
  • The US and China should focus on the openness of their trading relationship
    true
  •  15
  • The US should recognize how much the CHinese currency has already risen against the dollar
    true
  •  15
  • The Chinese save less of their income than Americans
    False: "China has also said the fact that Americans save much less of their incomes than the Chinese do has increased the trade deficit"
  •  15
  • Americans have recently bought Chinese-made goods at low prices
    True
  •  15
  • The opposite of free trade
    protectionism
  •  15
  • The opposite of upturn
    slowdown / downturn
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  • The opposite of surplus
    deficit
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  • The opposite of dispute
    co-operation / agreement
  •  15
  • The opposite of decreased
    increased
  •  15
  • The oppositw of spend
    save
  •  15