the company's shares (fall) before the announcement (Use the phrase with 2 past tenses)
;)
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
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
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
In 2002, the country's economy ... (look) very unstable.
looked
the directors (negotiate) the terms of the agreement (Use the phrase with 2 past tenses)
:)
The biotechnology industry ... (grow) out of university labs in the 1980s.
grew
the financial sector (be unstable) in recent weeks (Use the phrase with 2 past tenses)
:)
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
That year, the country ... (have) a budget deficit of 14% of GDP, high inflation and slow growth.
had
(create) one of the biggest financial groups in Europe (Use the phrase with 2 past tenses)
:)
it (be predicted) in a popular news blog (Use the phrase with 2 past tenses)
:)
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
two major competitors (announce) a merger (Use the phrase with 2 past tenses)
:)
In October 2006, Voltra ... (be) in trouble.
was
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