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Foreign trade of the uk

In the 19th century Britain (to dominate) international trade, accounting for about one-third of world's exports. Early in the 20th century its position (to change). The volume of world's exports (to increase) but the percentage of British exports in world trade (to decline) significantly.

But still foreign trade (to be) vital to Britain's livelihood. With a large population, small land area, and few natural resources, the country must depend on foreign trade to supply the raw materials for English factories and to provide a market for the sale of the thousands of types of manufactured goods produced by English industries. The United Kingdom's principal exports ( to be) vehicles, machinery, manufactured goods and textiles. Her main exports are foodstuffs and most of the raw materials for industry. Britain imports half the food it needs.

There is usually an unfavorable balance of trade, that is, imports ( to exceed) exports, but this (to compensate) for in part by the so-called invisible trade.

The earnings from invisible trade come in the way of shipping charges, interest payments from foreign investments, interest payments from British enterprises abroad, and tourist expenditure. The earnings from foreign tourist trade (to make) this one of Britain’s important industries.

12. Choose the right modal verb.

  1. Helen (can't have stolen, must have stolen) the money from the office. She didn't come in to the office the day it was stolen. 2.It (can't, must, will) be a star, it's too bright. Perhaps it's an alien spaceship! 3.Helen (had to, must) leave the meeting early because she had a train to catch. 4.Things (shouldn't, couldn't, may, mustn't) have been worse -everything seemed to be going wrong.5..You (should, may, will) even have lost your job by then, who knows? 6.You (don't have to, mustn't) wear your seatbelt during the whole of the flight. 7.We (needn't have, couldn't have) ordered so much food as nobody was hungry. 8.(Would, Could) you mind passing me the salt? 9.He (may. must) know her address, but I'm not sure. 10.My friends (are, must, will) to arrive tomorrow. 11.You (shouldn't, needn't) have worried about it. He kept his promise. 12. I (might, had to) work overtime yesterday.

13. Decide whether the underlined words are used properly. Correct those which are wrong.

  1. I waited nervous in the waiting-room before the interview.

  2. Why were you so unfriendly when I saw you yesterday?

  3. Tom's French is not very good but his German is almost fluent.

  4. Eva lived in America for five years, so she speaks very well English.

  5. Everybody at the party was very colourful dressed.

  6. Ann likes wearing colourful clothes.

  7. Sue is terrible upset about losing her job.

  8. I tried hardly to remember his name but I couldn't.

  9. The company's financial situation is not well at present.

  10. Jack has started his own business. Everything is going quite good.

14. Change the sentences using Participle I and Participle II.

1.The scientists who will take part in the conference must submit their theses. 2. The Queen opens the Parliament with the speech that sets out the Government`s program for the future. 3.As he works for the local newspaper, he knew a lot about the town`s problems. 4.As he was very busy all the week, he could not answer the letters. 5.He fell silent and thus showed that the interview was over. 6.When you exchange ideal with other people, you enrich your mind

7.The speaker refused to continue. He was infuriated by the interruptions. 8.Though he was defeated, he remained a popular leader. 9.We changed the lines of our research. We were disappointed by the results.

15.Translate into English

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