Against

1
Arguments for and against free trade

• Against
• Economic
• need to protect young local companies so they
  can become established and compete on the world
  stage
• developing countries get locked into serving the
  needs of the world market with a limited range of
  sectors
• risk of economic bubbles
• Moral
• causes social dislocation and economic pain
• causes a race to the bottom in terms of
  environmental and labour regulations
• local cultures are destroyed

• For
• Economic
• societies become richer
• living standards rise
• poverty is reduced
• countries can specialise to gain competitive
  advantage
• Moral
• less likely there will be wars when nations trade
  
• culture is enriched

2
Phrasal verb brainstorming 1
around away back down in into off on
out over through up
come go put get take turn run bring look cut
Weve put back the meeting till two. Meetings
bring out the best in Jan.
3
Phrasal verb brainstorming 2
around away back down in into off on
out over through up
When do you think well come through this
downturn? Hopefully, they will come around to
our way of thinking.
come
4
Summary of Discussion
David argued that the process (1) __________ with
a review of the new trading laws. Jin disagreed,
saying that this would (2) __________ the time
available, proposing instead to immediately (3)
__________ with formulating the strategy. Sarah
doubted whether the time was right to (4)
__________ overseas markets or (5) __________
geographically into overseas markets. Jins focus
was to (6) __________ a business plan, something
he could not instantly do alone. David emphasized
the importance of (7) __________ the domestic
market, but Jin reiterated the need to (8)
__________ the actual plan. Jin warned against
the tendency to (9) __________ proposals before
they were fully discussed. Dave concluded by
saying that the company should (10) __________
bow to what is unavoidable and stop discussing
costly ideas.
commence
erode
continue
enter
diversify
produce
protecting
initiate
dilute
surrender
5
Summary of Discussion
David argued that the process should (1)
__________ with a review of the new trading laws.
Jin disagreed, saying that this would (2)
__________ the time available, proposing instead
to immediately (3) __________ with formulating
the strategy. Sarah doubted whether the time was
right to (4) __________ overseas markets or (5)
__________ geographically into overseas markets.
Jins focus was to (6) __________ with a business
plan, something he could not instantly do alone.
David emphasized the importance of (7) __________
the domestic market, but Jin reiterated the needs
to (8) __________ the actual plan. Jin warned
against the tendency to (9) __________ proposals
before they were fully discussed. Dave concluded
by saying that the company should (10) __________
what is unavoidable and stop discussing costly
ideas.
kick off
eat into
crack on
break into
branch out
come up
shoring up
start up
water down
bow to
6
Ten ways to create new words 1
1 Acronyms 2 Attach a letter to words 3
Combine old words and affixes to create new
words 4 Blends 5 Raid words from other
contexts 6 Shorten words 7 Change the part
of speech 8 Rhymes 9 Combine two words in a
novel combination 10 Metaphors
BRIC
e-commerce
offshoring
globaphobic
guru
max
stopover
clicks and mortar
swarm businesses
glass ceiling
7
Ten ways to create new words 2
1 Acronyms 2 Attach a letter to words 3
Combine old words and affixes to create new
words 4 Blends 5 Raid words from other
contexts 6 Shorten words 7 Change the part
of speech 8 Rhymes 9 Combine two words in a
novel combination 10 Metaphors
BRIC, NAFTA, ASEAN
e-commerce, e-signature
offshoring, presenteeism, downsize
Globaphobic, Coca-colonization, ifonomics, blog,
agflation
guru, marketing crusade
max, dotcom
stopover, dollarize, Google(d), bookmark(ed)
clicks and mortar, al desko, get rich click,
brandalism
swarm businesses, angel investor, marketing
crusade
glass ceiling, cappucino / goldilocks / tiger
economy, angel investor
8
Belbin team roles 1
9
Belbin team roles 2
Which people in a team would you expect to hear
say these things during a planning meeting?
Rather than review the project in the usual way,
why dont we consider hiring in a
consultant? When weve finished the meeting,
Ill draw up a detailed plan in Project and send
it round to everyone for comment. Look, what
weve got to do this afternoon is reach a
consensus on the best way forward. Its really
important that we all pull together on this one
and not seek to protect our own departmental
interests on this project. Its no good making
these plans if we dont put some dates to these
milestones.
Plant
Implementer
Coordinator
Team Worker
Completer Finisher
10
Model one-sentence invitation replies
1 Gerrard Stein, Head of Faculty, and guest would
be delighted to attend the Festival Celebratory
Lunch at the Grand Hotel, on Sunday 12 August at
12.45 pm. 2 Mr Fernando Cabrera regrets he is
unable to accept the kind invitation of Dr and
Mrs Albert Casey for Saturday 18th December. 3
Gerhard Pohl thanks the Dean and his wife very
much for their kind invitation to the Senate
dinner on December 9th at Graduation Hall, New
Street, and has much pleasure in accepting.
11
Model formal replies
Acceptance Thank you very much indeed for your
kind invitation to attend Dr Milagross talk on
The Price of Trade on Friday 21 October at 7
pm. I would be delighted to attend and look
forward to the evening very much. Refusal Thank
you very much indeed for your kind invitation to
attend Dr Milagross talk on The Price of Trade
on Friday 21 October at 7 pm. Im afraid I wont
be able to attend as I will be away on business.
I hope the evening goes very well.
12
Model formal invitations
Sir Reginald Hall, Chairman of the Campaign for
Pan-European Economic and Political Cooperation,
cordially invites you and your partner to a gala
dinner-dance in celebration of the first annual
summit meeting. Saturday, 16th August
2010 Walthorpe Manor Dinner served at 8
p.m. Business attire RSVP Mrs Josephine Scott
j.scott_at_cpeepc.org
13
World population
14
Population and GDP
15
Optimum unit price forecast chart by continent
16
Projected annual return demand worldwide