INSTITUTO SUPERIOR DE CONTABILIDADE E AUDITORIA DE

MOÇAMBIQUE

English

Lesson B Aspects limiting economic freedom

Exercises

Class: LCF1

I Semester

1st year

Students:

 Adriano Raúl Melembe

 Angelina Ana Bocoda
 Clara Isabel Simango
 Damila Almeida Cheula

Teacher: José Manjate

Maputo, April 2023

Exercise resolution

I-Vocabulary.

Look at the pictures below.

1.What do you think they represent? Match the pictures with the expressions a-f below them.

Picture 1- b. Rule of law

Picture 2- c. Rule of law and corruption

Picture 3- d. Mozambique Government spending

Picture 4- a. Digital trade and market openness

Picture 5-f. openness Reguatory efficiency

Picture 6- e. Scores of trade

II Reading

Questions

1.On what depends economic freedom?

Answer: Economic freedom depends on the efforts put forward by the regulating authority
and the individual.

2.How many items of economic freedom index does the text mention?

Answer: The text metion four (4) economic freedom index.

✓ rule of law; ✓ government size; ✓ regulatory efficiency; and ✓ market openess.

3.What tool is used to guarantee property protection?

Answer: The tool used to guarantee property protection is the rule of law.

4.How does government size restrict economic freedoms of individuals?

Answer: The government size restric the economic freedom of individuals by overall tax
burden from all forms of taxation including government spending.
5.What aspects of regulatory efficiency does the text present?

Answer: The aspects of regulatory efficiency that the text present are the regulations
associated with license new business and running a existing business, labor freedom and
monetary freedom.

6.How do government policies restrict trade and investment freedom?

Answer: The government policies restric trade and investment freedom when they set up
trade restrictions, non transparent investment framework or barriers in licensing and flowing
of both domestic and foreign commerce.

7.Why do banks and financial regulatory authority need transparency, honesty and

Prudence?

Answer: Banks and financial regulatory need transparency, honesty and prudence to
guarantee avability of savings, credit, payment and investment services to individuals and
business.

III Speaking

Add a sentence. Use the present perfect. ►I’m tired. (I / work / all day). I’ve worked all day
long.

Resolution

1 We know a lot about economic freedom now. We have discussed it in our group.

2 The government is restricting our business. So, We haven’t fully enjoyed our economic
freedom.

3. Now we have our financial freedom because We have started earning a salary.

4 It’s cooler in here now. I have opened the window.

5. We haven’t got any new videos ,We have watched all these.

6 That tree is not blocking the road any more. They have moved it .

7. The visitors are here at last, They have arrived .

8 There no food left any more. We have eaten all of it .

Irregular forms

Look at the pictures and say what the people have done. Use these verbs:

Resolution

.a)The accountant has drafted the Financial report.

b) The auditors haven’t analyzed the financial report .

a) The auctioneer has announced na offer.

b) The car hasn’t been sold yet

.a) The man in orange has been arrested

b) The judge hasn’t sentenced him

.a) The government auditors have checked company financial reports for months.

b) They haven’t discovered a fraud yet.

5.

a)The robbers have broken the safe.

b) They haven’t found any money yet.

6.

a) The bank robber has entered the bank

b) He has not finished to collect the money.

7.

a) The street vendor has been waiting for customers for hours.
b) No customer has arrived so far. Therefore he has not sold anything yet.

a) The workers have packed all the products.

B) The manager has not signed the order.

9.

a) The company has not produced anything recentl

B)it has gone bankrupt

Writing 2

Production of disposable masks

Recently the Disposable Masks production became more visible and was one of the most
profitable business, it recorded an increase seen in 2019 , due to COVID 19 , face mask
producers were forced to increase the quantity of masks produced to meet demand . In the
Communities started an intense production of cotton masks, it’s sale made a lot of money
and now that it is no longer profitable, as demand was high since mask use became
mandatory for everyone. But in 2021, the production of masks fell, due to the low rate of
contamination of COVID 19 worldwide and the consequent non-obligation to use them.