Economy And Finance

Question 1

Abject poverty

Answer 1

Great poverty

فقر مطلق

Question 2

Commieted to (adj)

Answer 2

Pledged to do or to support sth.

Question 3

Debt(n)

Answer 3

What sb owes to another

Question 4

Development grants

Answer 4

Money to help economic development

Question 5

Sustainable

Answer 5

Tolerable

Question 6

Sustainable development

Answer 6

A development that does not destroy the economy or environment

Question 7

Debt burden

Answer 7

A debt burden is a large amount of money that one country or organization owes to another and which they find very difficult to repay. …the massive debt burden of the Third World.

Question 8

Alleviate(v)

Answer 8

Make an improvement by lessening sth

Alleviate debt

Question 9

incur [inˈkəː]– past tense, past participle inˈcurred –

♦ verb

Answer 9

to bring (something unpleasant) on oneself: to incur someone’s displeasure.

متحمل شدن

Question 10

Owe

Answer 10

verb
to be in debt to: I owe (him) $10.
بدهكار بودن

Question 11

Debtor countries

Answer 11

Debtor countries!

Question 12

dispute [diˈspjuːt]

♦ verb

Answer 12

1 to argue against or deny: I’m not disputing what you say.
مورد تردید قرار دادن

2 to argue (about): They disputed the ownership of the land for years.
بحث کردن؛ مشاجره کردن

Question 13

Restrictive practices

Answer 13

The placing of unfair restrictions e.g limiting imports

Question 14

Embargo (n)

Answer 14

Total prohibitions on importing/exporting certain goods

Question 15

Sanction(n)

Answer 15

Restriction on what a country may import/export

Question 16

Impose(v)

Answer 16

to place (a tax, fine, task etc ) on someone or something: The government have imposed a new tax on cigarettes.

Impose sanctions opp. Lift sanctions

Question 17

Monetory(adj)

Answer 17

Of or consisting of money

Question 18

War-torn economy

Answer 18

The economy that is badly affected by war

Question 19

Ail (v)

Answer 19

To be ill

Ailing economy

Question 20

Devaluation/Revaluation of the currency

Answer 20

Reduction/Increase in value of a currensy against other currencies

Question 21

Recession (n)

Answer 21

Go into recession

The economies may go into recession and not come out of/ emerge from recession for several years.

Question 22

Emerge(v)

Answer 22

To come out

Question 23

Slump in prices

Answer 23

Serious fall/collapse in prices

Question 24

Fiscal policy

Answer 24

Fiscal policy is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation’s economy. It is the sister strategy to monetary policy through which a central bank influences a nation’s money

Question 25

Boost the economy

Answer 25

Give the economy a lift

Question 26

Buy-to-let

Answer 26

To purchase a property as in investment, and to let it out for rental instead of living in it