This document appears to be notes from an economics class discussing international markets. It includes a list of statements about the impacts of international markets that students are asked to agree or disagree with. It also asks students to discuss how international markets have affected them personally as consumers, their company or institution, and their country. Finally, it prompts students to speculate how international markets may develop in the future.
This document appears to be notes from an economics class discussing international markets. It includes a list of statements about the impacts of international markets that students are asked to agree or disagree with. It also asks students to discuss how international markets have affected them personally as consumers, their company or institution, and their country. Finally, it prompts students to speculate how international markets may develop in the future.
This document appears to be notes from an economics class discussing international markets. It includes a list of statements about the impacts of international markets that students are asked to agree or disagree with. It also asks students to discuss how international markets have affected them personally as consumers, their company or institution, and their country. Finally, it prompts students to speculate how international markets may develop in the future.
A The sentences below represent a variety of views on international
markets. Complete the sentences with the words in the box.
1 provide opportunities for people to work/study abroad and
improve their lives.' 2 increase competition and improve the choice of goods and services.' 3 create unemployment and lead to job losses in richer countries.' 4 reduce poverty and increase wealth everywhere.' 5 exploit workers in poorer countries.' 6 widen the gap between rich and poor nations.' 7 mean lower costs and cheaper retail prices, which benefit consumers.' 8 give large multinational companies and trading blocs too much power.' 9 lead to damage to the natural environment, local cultures and industries.' 10 promote higher standards of living, working conditions, technology, education, etc.' B Work in pairs. Which of the statements in Exercise A do you agree with? 1. yes 2. yes 3. no 4. Yes 5. yes 6. No 7. yes 8. yes 9. No 10. Yes
C Work in pairs. How has the development of international markets
affected: a) you as a consumer? I have a lot more choice among goods and services b) your company/institution? First, there are more competitors. And also got more customers, which increased the profit of the company. c) your country? There are much more investments, the state also receives money from taxes, and the more international companies come to our country, the more attractive it becomes for other companies D How do you think international markets will develop in the future? it seems to me that now the international market, or rather international trade, will slow down due to the war in Ukraine, but compared to the same pandemic, trade will recover much faster