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Section c Language study

Vocabulary

8. Make up as many word groups as you can, think of using words from Lines a and b. Use them in the sentences of your own.

1. to encompass

a. economic system

2. to be based on

b. social, political and economic aspects

3. to assert

c. business investment

4. to resist

d. attempts

5. to be introduced into

e. the norms of international economic relations

6. to establish

f. the international economic order

7. to regulate

g. economic sovereignty

8. to choose

h. the UN General Assembly

9. to seek

i. hegemony and spheres of influence

10. to expropriate

j. primary commodity producers

11. to implement

k. foreign property

l. links, contacts, trust

m. a plan, policy, proposal

9. Fill in the missing propositions:

of on to in by among until with for

1. One of the youngest __ the international organizations, the WTO is the successor __ the General Agreement __ Tariffs and Trade (GATT) established __ the wake of the Second World War.

2. The multilateral trading system is an attempt __ governments __ make a business environment stable and predictable.

3. Nationalization shall be based __ grounds or reasons of public utility.

4. Economic as well as political and other relations __ states shall be governed __ definite principles.

5. Traditionally speaking, international economic law didn’t pay much attention __ environmental concerns.

6. International economic and commercial activities continued to expand __ recently __ little concern__ the harm done__ the environment__ these activities.

10. Complete the following table and translate the words into Ukrainian. See the model.

Verb

Noun

Adjective

regulate

regulation

regulative

systematize

assertive

encourage

encouraging

choose

choice

resist

established

expropriate

enforcement

include

implementation

11. Match key terms in line a with their English equivalents in line b.

A

B

1. регулювати міжнародний економічний порядок

a. sovereign entities

2. охоплювати широке коло сфер діяльності

b. environmental regulation

3. статут з питань охорони навколишнього середовища

c. encompass a large number of areas

4. суверенні власники

d. regulate the international economic order

5. відстоювати економічну незалежність

e. to implement the objectives of the NEO

6. покінчити з привілеями

f. primary commodity producers

7. постійний суверенітет над природними ресурсами

g. an overwhelming majority

8. переважна більшість

h. permanent sovereignty over natural resources

9. реалізовувати цілі нового економічного порядку

i. to do away with privileges

10. виробники основних товарів

j. to assert economic sovereignty

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