Контрольная работа по "Английскому языку"

1. Answer the questions.

1.What is Economics?

Economics is the study of how people choose to use resources

2. What is the most famous book in Economics?

The most famous book in Economics is “The Inquiry into the Nature and Causes of the Wealth of Nations” written by Adam Smith, and published in 1776 in Scotland.

3. What basic economic indicators that reflect economy today can you name?

The economy today may appear to be improving statistically with a gradual increase in employment and salaries, gross domestic product. The basic economic indicators that reflect economy today are:

Gross Domestic Product (GDP) – the total market value of every finished product, whether commodities or services, produced within a country in a specific time period (usually a fiscal year) taken together.

4. What countries are considered to be the leading ones in terms of GDP?

As reported by the IMF, the following countries lead in terms of GDP: the USA, Japan, Germany, China, the UK.

5. Are there any changes in modern economy?

The economy today may appear to be improving statistically with a gradual increase in employment and salaries, gross domestic product.

6. What countries are major exporters?

Through the mechanisms of international trade China became a major producer of goods in the global market, exporting products all over the world.

7. How does international trade favor economic development?

The participation of a country in international trade favors economic development because it brings a positive economic change as it contributes to the production of more goods for foreign markets.

8. Why do you think China has become a major producer of goods in the global market?

China has become a major producer of goods in the world market, thanks to its large population and national idyll, China is a leader in the extraction of minerals, most of the raw materials are immediately sent to technological production in China, therefore, it is more profitable for companies from another country to organize production in China

2. Match the words from column A with the words from column B to make a phrase.

1) to evaluate c) well-being

2) to participate g) in international trade

3) to compare a) economic results

4) to add i) to the GNP

5) to use h) resources

6) to contribute f) the production

7) to improve e) the situation

8) to invest d) in business capital

9) to increase b) to the development of a country

3.

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