9. List ‘a’ contains some basic terms in the field of business. Choose a term to fit each definition in List ‘b’.

a __________________

a system of producing wealth based on the free operation of business and trade without government control

b __________________

the total value of all the goods and services produced by the state’s economy in a single year, except for income received from abroad

c __________________

the law states that the higher the price, the lower quantity demanded

d __________________

value-added tax; a tax added to the price of goods and services

e __________________

the law states that the higher the price, the higher the quantity supplied because selling a higher quantity at a higher price increases revenue

f __________________

money that a business or organization receives over a period of time especially from selling goods or services.

for to in of with without on by

Line A

Line B

а) запроваджувати юридичну базу

1) overriding purpose

b) взаємини між

2) gross domestic product

c) укладання угоди із зовнішніми організаціями на виконання деяких видів робіт

3) economic incentives

d) регулювати торгівлю

4) mutually binding contract

e) валовий внутрішній продукт

5) multilateral trade agreement

f) першочергова мета

6) provide the legal ground-rules

g) економічні стимули

7) relationship between

h) контракт, що має взаємну обов’язкову юридичну силу

8) dispute settlement

i) багатостороння торговельна угода

9) outsourcing

j) врегулювання суперечок

10) to handle trade.