Методическое пособие по английскому языку для студентов 4 курса, обучающихся по программе бакалавриата



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түріМетодическое пособие
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пособие для 4 курса

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  • Keynes
Discussion Topics

1. Business people don't understand IT, and IT people don't understand business.

О Agree О Disagree



2. Teleworking is the way to go. Who needs an office when everyone is networked?

О Agree О Disagree









Task 2. Read the imaginary dialogue below. It is between two economists: Milton Friedman, who believes in leaving everything to market forces; and J.M. Keynes, who believes in partnership between the State and private capital. They are discussing the impact of the European Airbus project on the world airliner market. Fill in the spaces with appropriate words from the box.

FRIEDMAN IS NOT DEAD AND KEYNES LIVES



competition competitor consortium economies export subsidies free trade market share monopoly resources scale subsidies suppliers



Keynes: The Airbus project has been good for consumers. It has stopped Boeing having a (1) ______in the airliner market.
Friedman: In fact, Boeing already had a (2)_________in McDonnell Douglas.
Keynes: Yes, it did. But the Airbus did lower prices due to the arrival of more (3)___________.
Friedman: But the benefits of Airbus do not match the subsidy which the European taxpayer paid for. (4)___________is the best way to run the global economy. It is cheaper than tariff barriers, import quotas and (5)__________.
Keynes: I can't agree. The airliner industry has few companies. They can make (6)___________of (7)___________. This means low costs and real competition between (8)___________ . This is what happened between Boeing and Airbus. The Airbus (9)__________with four countries, has built up (10)__________. The benefit to the European economy has been more than the cost of the


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