TASK 4.2 Vocabulary
Fill in the missing letters.
It is dangerous for a company to stand aside while competitors m…e (= join together), form j..t ven…es, or create overseas divisions.
A 'sub…… y' (= company owned by another company) is not the same as a 'sub…y' (= money paid by a government to support a business).
A less formal synonym for ’bureaucracy' is 'r.. t… '.
A technical word for taxes on imported goods is 'ta….s'. A word for limits on the quantity of goods that can be imported is 'qu…s'.
'The euro against the dollar' (€/$) is currently 1.28. 'The dollar against the yen' ($/¥) is currently 115. These are examples of 'ex….ge r…s'.
If a currency falls in value, domestic a…ts are cheaper for foreigners to buy.
TASK 4.3 Grammar
Circle the correct word or phrase.
I saw I was seeing Maria for the first time at Ray's birthday party.
Richard watched / was watching TV when the phone rang.
When we were on holiday, we went I were going to the cafe almost every day.
Denise practised / was practising the song every day until she could sing it perfectly.
The phone was engaged when I called. Who did you talk / were you talking to?
Mr Connors owned I was owning two houses and a villa in the south of France.
I did / was doing my homework as soon as I got home from school.
A car came round the corner and I jumped / was jumping out of the way.
When my dad met my mum, he worked / was working as a bus driver.
I got / was getting up at six o'clock every morning last week!
My cousin and I played / were playing on the computer when there was a power cut.
No, that's not right. I did pass I was passing the test. I got a B.
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