Unit 45: Economy and finance Flashcards
1
Q
take root
A
start to be accepted
2
Q
allocating funds
A
giving funds to be used for a particular purpose
3
Q
restrictive practices
A
the placing of unfair restrictions, e.g. limiting imports
4
Q
embargoes
A
total prohibitions on importing/exporting certain goods
5
Q
ailing
A new art gallery will give a boost to this ailing industrial city.
A
having problems and getting weaker
6
Q
go into recession
>< come out of/emerge from recession
A
a difficult time for the economy of a country, when there is less trade and industrial activity than usual and more people are unemployed
7
Q
double-dip
A
recession which ends and then begins again after a short time
8
Q
a slump in prices
A
serious fall/collapse in prices
