Kolokwium angielski 21.05 vol.2

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question English réponse English
downturn
commencer à apprendre
a decline in economic activity
expectations
commencer à apprendre
the way people think about the future
zmiana na lepsze
commencer à apprendre
upturn
balance of payments
commencer à apprendre
bilans płatniczy
equilibrium
commencer à apprendre
a state of balance
fiscal policy
commencer à apprendre
govenment actions concerning taxation and public expenditure
monetary policy
commencer à apprendre
goverment or central bank actions concerning the rate of growth of the money in circulation
Keynesianism
commencer à apprendre
the economic theory that ggoverment monetary ad fiscal policy should stimulate business activity and increase employment in recession
casual work
commencer à apprendre
temporary employment that is not regular or fixed
contract work
commencer à apprendre
temporary employment by an organization to do a specific project or piece of work
delayering
commencer à apprendre
removing unproductive parts of the management hierarchy to make organizations more flexible
downsizing
commencer à apprendre
decreasing the number of permament employees working for a organization
flexible labour market
commencer à apprendre
a situation in which it is easy for companies to hire on-permament staff
job sharing
commencer à apprendre
employing two or more people on a part-time basis to perform a job normally available to one person working full-time
outsourcing
commencer à apprendre
using other business as subcontractors to supply components or services
rationalization or restructuring
commencer à apprendre
reorganizning a company, in a new way to reduce costs and improve efficiency and effectibeness
relocation
commencer à apprendre
moving some of a business activities
Rightsizing
commencer à apprendre
another way of downsizing, though it could also describe increasing the size of an organization, perhaps as an attempt to correct a previous downsizing
Tariff
commencer à apprendre
a tax charged on imports
Quota
commencer à apprendre
a maximum quantity of goods of a specific kind that can be imported into a country
comparative advantage
commencer à apprendre
produce particular goods more efficiently than some other countreis
absolute advantage
commencer à apprendre
produce goods at a lower cost than any other country
infant industry
commencer à apprendre
one that is in an early stage of development and which cannot survive competition from foreign companies
strategic industry
commencer à apprendre
one which is particulary important to a country's economy
dumping
commencer à apprendre
selling unwanted goods very cheaply usually in other countries
generic
commencer à apprendre
a cheaper copy of a product that is not marked with the producers name

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