6. This country.... luxury items to Northern Europe.
7. Tourism is the most important part of the Cypriot....
8. Sixty percent of the goods they ... come from Asia.
9. Sometimes governments put... on foreign trade.
10.This ... company will be 100 years old next year.
Ex.8. Fill in the missing prepositions. (of (2), in, at (2), by (3), on (2), for, through, to)
A country spends money ....goods it imports and gains money ... its exports.
Valuable though foreign trade is ... keeping domestic prices down ... creating competition ... home and providing large markets abroad, governments may have to put restrictions ... it, which they usually do ... subjecting imports ... customs duties or ... restricting some types ... exports.
Customs authorities must make sure that imported goods are not sold ... a lower price than that... their country ... origin.
Exercises in Comprehension
Ex.1. Answer the following questions:
1. What are the principal aspects of foreign trade?
2. What are exports?
3. What are imports?
4. What do we call visible exports?
5. What do we call invisible exports?
6. Why are exports important?
7. What are imports?
8. What is known as visible imports (invisible imports)?
9. What are imports paid for by?
10.What is a trade surplus?
11.When do we speak about a trade deficit?
Ex.2. Sum up what you remember about:
♦ exports
♦ imports
Grammar Revision The Gerund
1. The gerund has the following forms:
Active
Passive
Indefinite
writing
being written
Perfect
having written
having been written
2. We use the gerund:
♦ as the subject of a sentence Exporting will be our main objective next year.
♦as the object of a sentence I've always enjoyed reading.
♦ after certain verbs: admit, mind, appreciate, avoid, consider, can't stand, can't help, delay, enjoy, finish, imagine, involve, postpone, propose, risk, stop, suggest The manager proposed organizing an exhibition.
♦ after prepositions: after, before, by, when, while, without
The company launched this product without doing the necessary research.
♦ after verbs and expressions followed by prepositions:
be interested in, be good at, be fond of, be for/against, be used to, instead of, feel like, think of/about, look forward to, succeed in, approve of, insist on, object to I'm interested in learning more about this technology.
♦ after these expressions: it's no use, it's not worth, it's no good, to have difficulty
It's no use asking him. He won't tell the truth.
Ex.1. Put the verbs in brackets into the gerund. Translate.
1. Stop (argue) and start (work).
2. The boss is against (make) any complaints.
3. I am thinking of (retire) and (go) to Ukraine.
4. If he puts his money into that business he risks (lose) everything.
5. If a thing is worth (do) at all it is worth (do) well.
6. He hates (borrow) money.
7. I can't stand their (waste) so much time.
8. I thanked him for (solve) the problem quickly.
9. I suggest (postpone) the meeting.
10. It's no good (complain). Nothing can be done. 11.1 can't help (think) about the interview.
12. We avoid (keep) late hours. Our working day begins very early.
13. The secretary admitted (steal) the money.
14. I believe he is capable of (solve) this problem.
Ex.2.Finish these sentences using a gerund.
1. My favourite activity is ... .
2. He can't stand ...
3. He is good at... .
4. Some people just can't help ... .
5. We are used to ....
6. I am interested in ... .
7. This company is worth ....
8. The customer wants to know who was responsible for ... .
9. I feel like ....
10.He admitted ....
11. I am thinking of... .
12. ….. was the key to the company's success.
13. It's no use ....
14. Avoid ....
Ex.3.Complete these sentences using the gerund form of one of the verbs:give, get, make, have, lose, help, work, discuss, get, worry, meet, analyse, cry, buy, reduce
1. He is interested in ... the shares of this company.
2. It's no use ... over spilt milk.
3. This job involves ... our international transactions.
4. We are looking forward to ... the new Sales Manager.
5. It isn't worth ... about it.
6. You risk ... bad results.
7. As we don't agree about company policy we avoid ... this subject.
8. We don't mind ... overtime, if it helps the company.
9. You mustn't insist on ... him. He doesn't want it.
10.By delaying we risk ... this contract.
11.1 can't imagine not ... a computer in my office.
12.He apologized for ... this serious mistake.
13.He is very pleased with ... the job he wanted.
14.It's no good ... her advice - she never listens.
15. Overstaffing should be solved by ... the workforce.
Ex.4. Comment on the following:
"It is happier to be sometimes cheated than not to trust" (S. Johnson)