Vocabulary choose the best word that completes each sentence.


What does the passage mainly discuss?



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What does the passage mainly discuss?

  1. Several worldwide economic problems.

  2. Lack of resources in underdeveloped countries.

  3. The causes and consequences of trade deficits.

  4. Gross Domestic Product (GDP) of developing countries.

  5. Guidelines of trades among countries.


  1. The underlined word ‘deficit’ could best be replaced by which of the following?

  1. Sufficiency.

  2. Gap.

  3. Goods and services.

  4. Production.

  5. Finance.




  1. According to the passage, when does a trade imbalance occur?

  1. When a country has a serious economic problem.

  2. When a country sells more products overseas than it imports.

  3. When a country doesn’t have natural resources.

  4. When the value of the products a country imports is greater than the value of exports.

  5. When inflation is higher than expected.




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