Share Past Simple, Past Continuous and Past Perfect (B1+)
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In October 2006, Voltra ... (be) in trouble.
was
The year before, the price of raw materials ... (rise) steadily, the company's sales ... (fall) and its shares ... (already/drop) in value by 30%.
had been rising steadily; had been falling; had already dropped
When the board ... (introduce) an emergency budget in January 2007, few people ... (expect) that it would transform things so quickly, but in September 2007, the company ... (report) a record $15m profit.
introduced; expected; reported
The biotechnology industry ... (grow) out of university labs in the 1980s.
grew
The first successful gene transfer ... (take place) in the early 1970s, and by the end of the decade some pharmaceutical companies ... (start) mass-producing some proteins.
took place; had started
By the 1980s, scientists ... (become) aware of the commercial potential of their work, and many ... (leave) the universities to set up their own companies.
had become; had left
In 2002, the country's economy ... (look) very unstable.
looked
That year, the country ... (have) a budget deficit of 14% of GDP, high inflation and slow growth.
had
By 2005, things ... (improve): government measures ... (cut) the budget deficit to 6% of GDP and the inflation rate ... (go down) to 1.6%.
had cut; had gone
two major competitors (announce) a merger (Use the phrase with 2 past tenses)
:)
the company's shares (fall) before the announcement (Use the phrase with 2 past tenses)
;)
the directors (negotiate) the terms of the agreement (Use the phrase with 2 past tenses)
:)
(create) one of the biggest financial groups in Europe (Use the phrase with 2 past tenses)
:)
the financial sector (be unstable) in recent weeks (Use the phrase with 2 past tenses)
:)
it (be predicted) in a popular news blog (Use the phrase with 2 past tenses)
:)
