Kolokwium angielski 21.05 vol.2

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

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Angielski kolokwium 21.05 vol. 1

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