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Business Vocabulary
Trade
Victor K. Fung gives his point of view as a businessman on what is at stake and why WTO negotiators have an interest in finding common ......
a
ground
b
law
c
sense
d
wealth
Doing well in the areas of public infrastructure, governance and ease of firm entry clearly correlates with stronger trade-related growth, suggesting that countries may need to simultaneously ..... reform in several areas in order to benefit from trade openness.
underlay
underpin
undertake
underwrite
We help educate companies about how to tailor their activities to the specific market with respect to their product ....., financing, marketing, assembly and logistics.
size
slate
stock
system
While the United States exports more than any other country, making that first export can still be a ..... challenge for a small- or medium-sized business.
daring
dashing
daunting
dawning
The U.S. Commercial Service is the trade promotion arm of the U.S. Department of Commerce's ITA; its Web-based services are provided through the U.S. government's export ....., www.export.gov.
portal
portion
position
post
The greatest difficulty is to make salaries respond to changes in market demand: the pay structure is highly ..... in the sense that it is extremely difficult to change the relative level of different categories of employees.
rigged
rigid
seated
set
If one union manages to negotiate extra high pay increases for its members, perhaps due to market forces, all other unions will immediately demand - and fight hard for - the same increase, threatening to ..... the initial effect.
redo
remake
undo
unmake
Banking institutions will likely be ..... on more bandages and plasters in order to keep their processes functioning.
ironing
layering
strapping
veneering
The Francona loss was also the result of an over-..... trader's effort at cleverness.
bearing
indulgent
righteous
zealous
Changes in approach and across cultures is required by financial institution control management; visibility across ..... information technology systems and across myriads of geographically diffuse employee activities is needed.
degraded
disparate
dissonant
distended
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