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Business Vocabulary
Trade
Global rules ..... global production.
a
all
b
ease
c
stress
d
through
With each new bilateral agreement, considerations relating to rules of origin multiply and become more complex in the ..... trade experts call 'the spaghetti bowl effect'.
illusion
paradox
phenomenon
spectre
"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.
boosts
forces
spurts
steels
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.
underlay
underpin
undertake
underwrite
By promoting trade and investment we are promoting prosperity and a better world; to increase trade and investment, the ITA helps U.S. companies ..... foreign markets.
dominate
estimate
infiltrate
navigate
The U.S. Commercial Service is the trade promotion arm of the U.S. Department of Commerce's ITA; its Web-based services are provided through the U.S. government's export ....., www.export.gov.
portal
portion
position
post
Unfair foreign pricing and government subsidies distort the free flow of goods and ..... affect American business in the global marketplace.
adversely
conversely
inversely
perversely
Unionization rates in the service sector are significantly lower than in industry, at least among blue-collar workers; still, they ..... around 70 per cent, a figure that is high enough not to cause serious union worry.
hover
idle
sidle
quiver
The greatest difficulty is to make salaries respond to changes in market demand: the pay structure is highly ..... in the sense that it is extremely difficult to change the relative level of different categories of employees.
rigged
rigid
seated
set
Increased understanding by everyone who is involved of ..... operational processes is most important.
back-to-front
end-to-end
head-to-tail
right-to-left
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