Business English Test – Part 2: Economy & Markets

Business English Test

Part 2 – ECONOMY & MARKETS

Angielski dla firm Warszawa - Kursy językowe dla firm

    TASK 2. ECONOMY AND MARKETS
    Complete with the correct option:

    1- GDP stands for Domestic Product
    a) Grand b) General c) Gross d) Generated

    2-What contributes to GDP?
    a) Growth b) Rise c) Sums d) Amounts

    3-The number of people without jobs is called the unemployment
    a) Figures b) Rate c) Scale d) Number

    4-An Economy with few regulations is called a market
    a) Deregulated b) Free c)Globalised d)Advanced

    5-The selling of products abroad is called
    a) Import b) Export c) Barter d) Swaps

    6-Sophisticated financial instruments are called
    a) Derivatives b) Superlatives c) Revenues d) Speculatives

    7-Explain the term “ easing”
    a) Exceeded b) Audited c)Legal d) Quantitative

    8-Who sets rates and what are they?
    a) Banking b) Interest c) Annual d) Financial

    9-NBP is Poland's bank.
    a) General b )Main c) Major d) Central

    10-Countries like Poland or China are called “ markets”
    a) Emerging b) Inclining c) Preceding d) Diversed

    11-BPO stands for Business Process
    a) Outcome b) Operation c) Outsourcing d) Ongoing

    12-And now the exchange news.
    a) Stock b) Lock c) Rock d) Capital

    13-Name some companies on the Warsaw Stock Exchange
    a) Stated b) Listed c) Signed d) Assigned

    14-Inflation vs and their impact on the economy
    a)Stagnation b) Investment c) Turnover d) Deflation

    15-Elaborate on the situation in the sector you work in.
    a) Annual b) Currently c) Nowadays d) Current

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