Vocabulary

cranberry - клюква

gravy – подливка, соус

purchase – покупка, покупать

tortuous – извилистый, зд. – трудный

hype – ажиотаж

commemorate – ознаменовывать

starved – умирать от голода

veritable – настоящий

tap – зд. - использовать

impeccable – безупречный

dock - причаливать

buoyant – плавучий, жизнерадостный

Bunch – зд. - команда

yummy berries – съедобные ягоды

bonhomie – дружеская встреча

revelry – кутеж

look askance – смотреть косо на кого-либо

to roam – бродить, скитаться

to loiter - слоняться

flint – кремень

haul – перевозить

fleeting - мимолетный

massacre – массовое убийство

remorse – раскаяние

vanquished – побежденный, разбитый

Trade in services

Trade in services is now an important element of world economic ties. The major exporters and importers of services are the USA and Great Britain, Japan and Germany, France and Italy. Its volume has greatly increased recently. The UK, for example, gains half of its overseas EARNINGS from its service industries.

There are new services associated with the rapid developments of telecommunication facilities and computer equipment and traditional ones. They cover transport and tourism, CATERING and hotel facilities, banking, finance and insurance, science, education and personal training, trade warehousing and communications. Services may be engineering and consulting, information-and-computer, data-processing, advertising, legal, stock exchange and intermediary, leasing market research and quality control, after-sales and technical maintenance.

Numerous modern services are also related to the export of scientific, technical and production experiences (know-how, patents and licenses).

Such services as training of foreign students and the activity of international organizations on the territory of the country may bring it good earnings too, for example, these services bring the USA the world's largest revenues.

On the other hand, this diversification leads to the fact that each engineering export firm specializes in a few economic sectors to make its services competitive, for example, pre-investment services, those linked with the design and construction of projects, special services and consultations-modernization, control-modernization, control systems, computers, market research, cartography and many others.

To by-pass the existing restrictions in certain developed and developing countries for trade in services, American transnational corporations have been setting up their own local network of services throughout the whole world.

Vocabulary

services - услуги

economic ties - экономические связи

volume - объем (торговый)

earnings - доходы, прибыль, поступления

equipment - оборудование

catering - поставка продуктов

insurance - страховое дело

personel training -подготовка персонала

advertising - связанные с рекламой

quality-control - контроль за качеством

technical maintenance - техническое обслуживание

to relate (to) - иметь отношение (к)

know-how - ноу-хау; секрет изготовления, производства

patent - патент

revenue - государственный доход; доходная статья

on the other hand - с другой стороны

diversification - процесс вкладывания капитала в разные предприятия

to lead (to) - привести (к)

competitive - соревнующийся, способный к соревнованию

to by-pass - преодолеть (ограничения и т.д.)

restrictions - ограничения