English for the Economists

1. ENGLESKI JEZIK ZA IME I PREZIME: _________________
EKONOMISTE 2
BROJ INDEKSA: _________________
I. Put the verbs in brackets in the appropriate form:
In the early 1990s Malcolm Frost (IDENTIFY) _______________ the growing trend of
people working from home. He (SET UP) _______________ Frost’s Offices in building
space-saving offices in people’s homes. Frost’s (HAVE) _______________ no showrooms
and instead (RELY) _______________ on advertisements in national newspapers and
magazines (GENERATE) _______________ business. Potential customers who (REPLY)
_______________ to an advertisement (TELEPHONE) _______________ by a specialized
telesales agency which then (TRY) _______________ to set up meetings with a sales
representative. Last year, Frost (GO) _______________ into semi-retirement and Sally
Rose (APPOINT) _______________ as the company’s new managing director.
10 points
II. Complete the sentences with the appropriate form of the verbs MAKE or DO.
1. Helen ____________ no attempt to stop me.
2. I think I _______________ without dessert, I’m trying to lose weight.
3. Go get some fresh air, it’ll ______________ you good.
4. The minister _______________ a statement on that issue later today.
5. She _____________ so much noise that it was impossible __________ any work.
6 points
III. What are these called?
1. reduction in the general availability of loans ________________________
2. to provide financial assistance to a failing business to save it from collapse __________________
3. mass-market banking where individual customers use local branches of larger commercial banks
______________________
4. when a company fires a worker for an unfair reason such as being too old ____________________
5. not paying taxes which are owed to the government ______________________
6. factories where workers have poor working conditions, work long hours, earn low wages and face
other violations of labour rights ______________________
3 points

2. IV. Fill in the blanks in the sentences below by replacing the verb in brackets with the
appropriate phrasal verb:
1. She ____________ (postopone) calling him until the last possible moment.
2. We have ____________ (encounter) a few problems I’m afraid.
3. We have finally ____________ (discover) what was causing the problem.
4. If we’re going to meet the deadline we’re going to have to ____________ (work very
hard).
5. The price of petrol ____________ (increase) again this year.
6. We can’t ____________ (exclude) the possibility that it may happen again.
6 points
V. Insert the missing prepositions:
1. They are strongly opposed _______ any further investment.
2. Why do women still have limited access ______ venture capital?
3. Some customers worry _______ the potential lack of security of dealing _______
money online.
4. Our nation is ______ the edge _____ bankruptcy.
5. _____ compliance ______ her wishes, she was buried next to her husband.
6. ______ reference ______ your advertisement in yesterday’s edition of The Times, I
am interested in applying for the post of tour leader at your school of English.
5 points
VI. Give the American equivalent for the following British terms:
current account ___________________ creditors ___________________
unit trust ___________________ gilt-edged stock ___________________
building society ___________________ trade union ___________________
visible trade ___________________ debtors ___________________
4 points
TOTAL: 34 points