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Business English Exercises
 

Trade Regulation

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Home > Teaching Business English > Business English Lessons, Advanced Level # 129
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trade regulation question 1
Recent World Bank research suggests that countries should complement trade openness with greater flexibility of their investment ......... and labor markets.


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trade regulation question 2
"Trade ......... growth in flexible economies, but its positive impact is much reduced — and in some cases, even reversed-in excessively regulated economies," says Caroline Freund, Senior Economist in the World Bank's Trade Research Team.


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trade regulation question 3
Trade stimulates growth by directing resources into their most productive uses both within and ......... industries.


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trade regulation question 4
An excessive regulatory ......... will prevent this reallocation of resources from occurring, reducing the prospects for trade-generated growth.


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501 Business English Exercises — Printable, photocopiable.
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trade regulation question 5
However, complications can arise because of interest groups that ......... to lose in a more flexible environment.


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trade regulation question 6
Some of the steps that ......... regulated economies need to take are easy and inexpensive; for example, it does not cost much to reduce excess procedures for registering a new business.


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trade regulation question 7
New technologies can also ......... deregulation, such as implementing online registration systems.


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trade regulation question 8
The success of openness depends on whether firms can adjust quickly to the new conditions ......... by international competition.


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trade regulation question 9
Doing well in the areas of public infrastructure, governance and ease of firm entry clearly correlates with stronger trade-related growth, suggesting that countries may need to simultaneously ......... reform in several areas in order to benefit from trade openness.


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trade regulation question 10
An analysis to help identify the areas requiring reform helps design a policy package tailored for a particular country, as opposed to a(n) '.........' approach.


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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
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