1035UNIT 4 WTO

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    The BUILDING and CONSTRUCTION metaphors

    1. The European Union needs to do

    more to _____________ its

    relationship with the old Eastern Bloc

    countries.

    2. He said the European Union had toclean up its _____________.

    3. The country now ___________over

    its neighbours both in terms of

    population and wealth.4. There is no painless way to get

    inflation down. We now have an

    excellent _____________on which to

    build.

    cement

    backyard

    towers

    foundation

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    5. The prestigious title offered a _____________tosuccess in the highly competitive world of

    modelling.

    6. Planning and prioritising are the_____________to service improvement.

    7. This event offers a _____________on the latest

    green technology.

    gateway

    keys

    window

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    a) against a brick wall

    b) on your doorstep

    c) on the tilesd) laid the foundations

    e) a foot in the door

    f) hit the roof

    g) through the back doorh) like a ton of bricks

    1. Why are you taking such alow-paid job? Im sure youcould find something better.

    > I know, but its a goodcompany. I just want to get_____________ and withany luck I can work my wayup.

    2. I think the business is readyto expand now.

    > I agree, weve_____________ and its timeto build on them.

    3. Mary looks cross aboutsomething. Whatshappened?

    > I just asked if I could leave

    early tonight and she camedown on me ___________

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    a) against a brick wall

    b) on your doorstepc) on the tiles

    d) laid the foundations

    e) a foot in the door

    f) hit the roof

    g) through the backdoor

    h) like a ton of bricks

    4. Ive just told my dadabout my exam results.He wasnt very pleased.

    > Neither was mine. He_____________when Itold him Id failedstatistics.

    5. I dont know how you canlive in the middle of town.It must be awful.

    > Its all right once youreused to it. Youve goteverything right_____________

    6. How did you manage toget a job with the bank?

    > Well, I got in_____________ really.My uncle plays tennis

    with one of the directors.

    hit the roof

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    a) against a brick wall

    b) on your doorstepc) on the tiles

    d) laid the foundations

    e) a foot in the door

    f) hit the roof

    g) through the back door

    h) like a ton of bricks

    7. You still havent got ajob, then?

    > No, Im afraid not. Iveapplied for maybethirty and I haventhad one interview. Ifeel as if Im banging

    my head_____________

    8. You look as if youhad a late night lastnight.

    > Yes. It was mybrothers birthday sowe went out for anight _____________

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    Put the verbs in brackets into the correct form.

    The World Trade Organisation (WTO) (BE)_____________ an international organization that(ESTABLISH) _____________ rules forinternational trade through consensus among itsmember states. It also (RESOLVE) __________disputes between the members, which (BE)_____________ all signatories to its set of tradeagreements.

    The organization's headquarters (LOCATE)_____________ in Geneva, Switzerland. There(BE) _____________ 153 member states in theorganization, the latest to join (BE) _____________Cape Verde on July 23, 2008.

    is

    establishes

    resolves

    are

    are located

    are

    being

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    The Bretton Woods Conference of 1944 (PROPOSE)

    _____________ the creation of an International TradeOrganisation (ITO) to establish rules and regulations

    for trade between countries. Members of the UN

    Conference on Trade and Employment in Havana

    (AGREE) _____________ to the ITO charter inMarch 1948, but ratification (BLOCK)

    _____________ by the U.S. Senate. Some historians

    (ARGUE) _____________ that the failure

    (MAY/RESULT) _____________ from fears within theAmerican business community that the International

    Trade Organization (CAN/USE) _____________ to

    regulate big business.

    proposed

    agreed

    was blocked

    have argued

    may have resulted

    could be used

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    Only one element of the ITO (SURVIVE)

    _____________: the General Agreement on Tariffs

    and Trade (GATT). Seven rounds of negotiations(OCCUR) _____________ under the GATT before

    the eighth round - known as the Uruguay Round

    which (BEGIN) _____________ in 1986 and

    (CONCLUDE) _____________ in 1995 with theestablishment of the WTO. The GATT principles

    and agreements (ADOPT) _____________ by the

    WTO, which (CHARGE) ____________ with

    administering and extending them and

    approximately 30 other agreements and resolving

    trade disputes between member countries.

    survived

    occurred

    began

    were adopted

    was charged

    concluded

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    The WTO (STATE) _____________ that its

    aims (BE) _____________ to increase

    international trade by (PROMOTE)

    _____________ lower trade barriers and

    (PROVIDE) _____________ a platform for the

    negotiation of trade and to their business.

    states

    are

    promoting

    providing

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    Fill in the blanks with a suitable preposition

    The General Agreement __________ Trade__________ Services (GATS) is the first andonly set __________ multilateral rules governing

    international trade __________ services.Negotiated __________ the Uruguay Round, itwas developed __________ response__________ the huge growth __________ theservices economy __________ the past 30years and the greater potential __________trading services brought ____________________ the communications revolution.

    ON

    IN IN

    OF

    IN

    TO

    IN

    OVER

    OF

    BY

    ABOUT

    FOR

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    Services represent the fastest growing sector __________

    the global economy and account __________ two thirds

    __________ global output, one third __________global employment and nearly 20% __________ global

    trade.

    When the idea __________ bringing rules __________

    services __________ the multilateral trading system was

    floated __________ the early __________ mid 1980s, anumber __________ countries were sceptical and even

    opposed. They believed such an agreement could

    undermine governments ability to pursue national policy

    objectives and constrain their regulatory powers. The

    agreement that was developed, however, allows a high

    degree __________ flexibility, both __________ the

    framework __________ rules and also __________ terms

    __________ the market access commitments.

    OF

    OF

    OF

    FOR

    WITHINOF

    OF IN

    OF

    OF

    OF ON

    INTO

    IN TOOF

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    1. Any state or customs territory has full autonomy in the

    conduct of its ______________

    2. trade policies may join the WTO, but WTO members

    must agreed ________________

    3. on the terms. The application go through four stages:

    First, the government _________

    4. apply for membership has to describe all aspects of itstrade and __________________

    5. economic politics that have a bearing on WTO

    agreements. This is ________________

    6. submit to the WTO in a memorandum which is examined

    by the __________________7. working party dealt with the countrys application.

    Second, when the ______________

    HAVING

    AGREE

    GOES

    APPLYING

    POLICIES

    SUBMITTED

    DEALING

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    8. working party have made sufficient progress on principles

    and policies, ____________

    9. parallel bilateral talks beginning between the prospective

    new member and _________

    10. individual countries. Third, once the working party had

    completed its _____________

    11. examination of the applicants trade regime, the working

    party finalise ____________12. the terms of accession. Finally, the package, consists of

    the report, _______________

    13. protocol and lists of commitments, are presented to the

    WTO General ____________

    14. Council or the Ministerial Conference. If a two-thirdmajority of WTO ___________

    15. members vote for favour, the applicant is free to sign the

    protocol and ____________to accede to the organisation. In many cases, the countrys own parliament or

    legislature has to ratify the agreement before membership is complete.

    HAS

    HAS

    FINALISES

    CONSISTING

    BEGIN

    IS

    THIRDS

    IN