Mm-70 Group student Musakhonov Jalolkhon Starting up


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MM-70 Group student Musakhonov Jalolkhon

Starting up

  1. 1-opportunities, 2-competition, 3-unemployment, 4-poverty, 5-workers,

6-gap, 7-prices, 8-companies, 9-environment, 10-standards

E. Use the words and phrases in the box to complete the table below. Use a

good dictionary to help you.



Open markets

Protected markets

Open borders, free port, laissez-faire, liberalise, deregulation

Barriers, developing industries, dumping, tariffs, strategic industries, restrictions, quotas, customs, subsidise, regulations



F. 1-e, We’re trying to break into the Japanese market.

2-d, You should carry out a market survey before you make a major investment.

3-f, If you would like to place an order, press one now.

4-b, If you can’t meet the delivery date, let us know as soon as possible.

5-g, They have quoted us a very good prise for the consignment.

6-c, Let us know if you want us to arrange insurance cover for the shipment.

7-a, It’s essential to comply with all regulations if you want the delivery to go

though without problems.



H. 1. To what extent do you have free trade in your country?

Since independence, the economy of Uzbekistan continues to exist as a Soviet-style command economy with slow transformation to market economy. Uzbekistan in the past 10 years has been a successful economy. It attained high growth (40%), low unemployment, reasonable macro-economic stability, low domestic and international debt and relatively low inequality

2. Should certain industries in your country be protected? If so, which ones?



  1. Look at the articles again.

Article 1

  1. True

  2. False

  3. True

  4. False

  5. True

  6. True

  7. False

  8. True



  1. Find the opposites of these words in the articles.

  1. Free trade = protectionism

  2. Upturn = slowdown

  3. Surplus = deficit

  4. Dispute = co-operation

  5. Decreased = risen

  6. Spend = save



  1. Economists know that protectionism and import taxes promote inefficiency.

  2. The study was done in co-operation with the local businesses.

  3. There has been a slowdown in the tourist trade.

  4. The figures show the trade deficit of $4 billion.

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