Moiseeva_F

Summarizing. Complete the following sentences to summarize the text above:

In some respects international trade differs from…
There are more obvious barriers to trade between countries than…
The country’s terms of trade is the quantity of exports…
Improvement in trade means…
Deterioration in terms of trade means…

Text organization.

The statements below express the main ideas of the text. Number them so that they are in the same order as the ideas in the text. The first one is given for you:

	Statement	Order
	International trade differs in several crucial respects from the exchanges of goods and services that take place within a country.	1
	Conversely, a ‘deterioration’ in the terms of trade means that a country is able to buy less imports per unit of exports.
	An ‘improvement’ in the terms of trade means that the country is able to obtain more imports for a given quantity of exports than before.
	We define a country’s terms of trade as the quantity of that country’s exports that have to be sold per unit of imports.

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