Ex.10. These words are often confused

politics – policy

Complete these sentences using the correct form of one of the words above. Make your own sentences to show that you understand the difference in their meaning.

1. Honesty is the best ….

2. Only senior management can take … decisions.

3. … is the art of government.

4. It is company … to ensure that all employees receive adequate training for their job.

5. The mayor has been in … all his life.

6. The … of that store is that customers may return merchandise for an exchange, but not for a refund.

7. She refused to get involved in office ….

8. This President thinks more about internal affairs, such as unemployment and education, than about foreign ….

9. I am not interested in ….

10. He has chosen a career in ….

11. Many people disagree with the President’s recent foreign … decisions.

12. The WTO’s agreements bind governments to keep their trade ….

 

 

Exercises in Comprehension

 

Ex.1. Answer the following questions:

1. What is the World Trade Organization?

2. What is its main function?

3. What does the WTO do to fulfil its main function?

4. What are the WTO’s agreements?

5. Who signs these agreements?

6. What do these agreements guarantee?

7. What do they bind governments to do?

8. What is their main purpose?

9. Who oversees international economic relations among governments?

10. Who does the World Bank provides loans to?

11. Where are the WTO headquarters?