Урок 14. International Markets.
методическая разработка (11 класс) на тему

INTERNATIONAL MARKETS

1. The sentences below represent a variety of views on international markets. Complete the sentences with the words in the box.

'International markets for labour, capital, goods and services ...

1. provide opportunities for people to work/study abroad and improve their lives.'

2. increase . . . . . . . . . . . . and improve the choice of goods and services.'

3. create . . . . . . . . . . . . and lead to job losses in richer countries.'

4. reduce . . . . . . . . . . . and increase wealth everywhere.'

5. exploit . . . . . . . . . . . . in poorer countries.'

6. widen the . . . . . . . . . . . between rich and poor nations.'

7. mean lower costs and cheaper retail . . . . . . . . . . . , which benefit consumers.'

8. give large multinational . . . . . and trading blocs too much power.'

9. lead to damage to the natura1 . . . . . . . . . . . . , local cultures and industries.'

10. promote higher . . . . . . . . . . . . of living, working conditions, technology, education, etc.'

2. Use the words and phrases in the box to complete the table below. Use a good dictionary to help you.

3. Match the sentence halves.

4. Work in pairs. Read the two articles quickly and choose the best title for each one.

a) US-China trade has cost 2.3 million American jobs

b) US protectionism is not the way forward

          c) Stop blaming China for US trade deficit

          d) Yuan needs to rise against the US dollar

6. Look at the articles again, Decide if the statements are true (T) or false (F)

Article 1

1 The US should concentrate on being more competitive economically.

2 The US should be protectionist.

3 The US should argue for a stronger Chinese currency in order to reduce the US's trade deficit with China.

4 The US and China should focus on the openness of their trading relationship.

Article 2

5 The US should recognise how much the Chinese currency has already risen against the dollar.

6 US labour unions say China has manipulated its currency to give Chinese companies an unfair advantage in international trade.

7 The Chinese save less of their income than Americans.

8 Americans have recently bought Chinese-made goods at low prices.

7. Find the opposites of these words in the articles:

1.free trade 2.upturn 3.surplus 4.dispute 5.decreased 6.spend

8. Complete the sentences with the words you found in Exercise 7.

1 Economists know that _____ and import taxes promote inefficiency.

2 The study was done in __________ with local businesses.

3 There has been a ___________ in the tourist trade.

4 The figures show a trade ______________ of $4 billion.