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Market Leader Pre Intermediate

Unit 11 – New business

1. Economic terms

pg 2

2. Time clauses

pg 3


a. Match the economic terms to their definition.

a. bureaucracy

b. exchange rate

c. inflation rate

d. interest rate

e. investment

f. labour force

g. gross domestic product

h. trade

i. unemployment rate

j. tax incentives


the price at which the currency unit of one country may be exchanged for that of another


the rate of increase of prices


the total value of all goods and services produced domestically by a nation during a year. It is equivalent to gross national product minus net investment incomes from foreign nations Abbreviation: GDP


business or commercial dealings


the number of unemployed workers,


often as a percentage of the total labour force a charge for the use of credit or


borrowed money a motivating influence or stimulus for a


company by decreasing or eliminating the mount of financial contribution to a government people who work for wages


the amount of money invested

10. official procedures and red tape



Handout 1: Adverbial Clauses of Time

Adverbs of time are such words as ‘before’, ‘after’, ‘when’, ‘while’,

‘until’ and ‘as soon asused to show the time link between two actions.

1. Complete the gaps with the time clauses

This morning, I got up

the alarm clock rang at 6:10 a.m. I had


the train arrived. I read a

I was travelling on the train. I went to the library


left home. I waited in the MTR station


I had brushed my teeth. I got dressed

I arrived at school.

2. Complete these sentences with the appropriate adverb of time.

1. He cleaned his teeth

2. The ambulance arrived at the scene five minutes

had happened.

3. I am older, I want to start my own business.

4. I went straight to the hospital

5. They watched the programme

not very


6. They took short breaks every half an hour


7. Rebecca went to bed

8. People should be very careful

9. We cannot light the barbecue

10. Paul found somebody’s wallet on the ground to the bus stop.

he went to bed.

the accident

I heard about your accident. the end even though it was

they were playing

she got home because she was so tired. they cross busy roads. the rain stops.

he was walking