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Business English Exercises
 

The GATT System

Test based on Internet resources

Home > Teaching Business English > Business English Lessons, Advanced Level # 406
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the gatt system question 1
Our world emerged from the ......... of World War II in 1945.


the gatt system, answer 1 the gatt system, brokerages term concerted, enshrined, quilt, conviction, abrogated, aftereffects vs attacks

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 word vocabulary games: english nouns adjectives verbs adverbs Ask a Teacher
the gatt system question 2
The challenge then was to reconstruct economic stability in the face of ......... disorder and enormous dislocation, to regain a feeling of global community and establish a base for future prosperousness and growth.


the gatt system, answer 2 business vocabulary disposition, lifelong, induction, facing, inductive vs invasive vs perfunctive vs pervasive

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the gatt system question 3
The engineers of a new system had to construct from the ground ........., and they demonstrated vision and far-sightedness; after fifty years of progress raised on the foundations that they laid then, we now often take for granted that which was new and imaginative at at that time.


the gatt system, answer 3 financial words device, inform, spreading, foremost, makes, level vs plan vs up vs (none)

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 meaning of granule, expeditious, participate, proscribe, oratory Ask a Teacher
the gatt system question 4
The late 1940s was not only about the finish of the most devastating war ever .........; it was also concerned with the control of dangerous economic nationalism and the quest for a new world order.


the gatt system, answer 4 insurance vocabulary actuarial, suitability, remics, inflection, sought vs staged vs waged vs wrought

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the gatt system question 5
Defending a rules-based system on a daily basis has been greatly assisted by the fact that the system gave ......... to the markets rather than the governments in deciding economic outcomes.


the gatt system, answer 5 business words due, preferred, spread, sleeper, coupon, possibility vs primacy vs privacy vs publicity

501 Business English Exercises — Printable, photocopiable.
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the gatt system question 6
The governments ......... their responsibility, but concentrated on creating basic conditions for prosperity and promoting liberalization; they considered direct intervention only under circumstances where markets were thought wanting.


the gatt system, answer 6 the gatt system, investor relations terms nonlegal, jointly, listed, waiting, abandoned vs abrogated

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the gatt system question 7
The key idea of the rules-based system is non-discrimination, and this emerged from the ......... that exclusive dealings and in-groups helped stoke those rivalries and conflicts that drove the community of nations into the Second World War.


the gatt system, answer 7 banking term list direct, taxable, straddle, secured, confidentiality, concession vs condition vs convention

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the gatt system question 8
The patchwork ......... of agreements that had undermined the unity and continuity of interwar economic relations was replaced with unified rules.


the gatt system, answer 8 currency vocab balanced, irredeemable, actuarial, digits, merchant, doily vs doll vs purse vs quilt

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the gatt system question 9
And more basically, the non-discrimination principle ......... universality as a central goal of the trade system, guaranteeing that the GATT system would eventually become a force majeure in the integration of the world's economies.


the gatt system, answer 9 law estate terms outstripping, gazumping, bottleneck, balmier, enshrined vs founded vs idolized vs lionized

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the gatt system question 10
Answers for the challenges that goverments face today and tomorrow will continue to call for ......... action on a range of fronts.


the gatt system, answer 10 ipos terminology end-to-end, plimsoll, disparate, manipulation, zealous, concentrated vs concentric vs concerned

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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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Brokerages term concerted, enshrined, quilt, conviction, abrogated

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EFL/ESL Links: Foreign SharesCurrency vocab balanced, irredeemable, actuarial, digits, merchantForeign Shares (Answers)List of bonds words american, costing, open market, londonRouting OrdersBanking term list direct, taxable, straddle, secured, confidentialityRouting Orders (Answers)Accounting terminology flow, original, prime, class, restrictedPending BenefitsInvestor relations terms nonlegal, jointly, listed, waitingPending Benefits (Answers)Venture capital words ex-all, mutual, trust fund, littleThe Best of Both WorldsBusiness words due, preferred, spread, sleeper, couponThe Best of Both Worlds (Answers)Trading words balanced, hedge, commitment, exchangeVirtual EconomyInsurance vocabulary actuarial, suitability, remics, inflectionVirtual Economy (Answers)Technical analysis words event, firm, spiral, alternative, cost ofMarketing StrategyFinancial words device, inform, spreading, foremost, makesMarketing Strategy (Answers)Terms of stock haphazard, meet, central, fall, addressServices MarketingBusiness vocabulary disposition, lifelong, induction, facingServices Marketing (Answers)Retirement words perish, inseparable, ownership, deteriorationEFL test: The GATT System (answers) • Mutual funds terms ravages, pervasive, up, waged, primacyESL Audio Online - English MP3 - English Pronunciation
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