Questions 1-6

Choose the correct letter A, B, C, or D.

Question 1: The writer refers to textile production in Britain to

1. Point out how different industries were financed in the past.
2. Show how unnecessary tariff barriers are for countries today
3. Help the reader understand how infant industry protection works
4. Compare European trade development with that of the United States

Question 2: What is the writer’s main point in the third paragraph

1. Businesses will succeed if they learn from established companies.
2. Detailed market research is often neglected in developing countries.
3. You have to be prepared to adapt your products quickly to follow fashion
4. New industries in poor countries will probably fail without protection

Question 3: According to the writer, a fair trade system could have the effect of

1. Improving safety in the majority of workplaces in the world.
2. Prevent the continues destruction of endangered wildlife habitat
3. Encouraging states to work together in a more even-handed way
4. Making politicians agree to more representative systems of government.

Question 4: What point is the writer making in the sixth paragraph?

1. The trades unions aim to help foreign workers gain better conditions
2. The trades unions are concerned about the effect of imports on local jobs
3. Workers in poor countries are grateful for the trades unions’ support
4. Campaigners are right to suggest imposing tariffs against bad treatment

Question 5: According to the writer, what is one of the benefits of full-cost accounting

1. Factories would be set up and jobs created in the country of origin.
2. Multinational companies would consume fewer natural resources
3. The export of finished products around the world would decrease
4. Countries would be able to keep their resources for the domestic market

Question 6: What conclusion does the writer come to about the FTO system?

1. It would help to combat injustice in its many different forms.
2. It would be difficult to introduce but would be worth the effort
3. States all over the world would earn more through trade as a result of it
4. Multinationals would accept it because it measures exports more precisely

Questions 7-10

Complete the summary below
Choose no more than two words from the passage for each answer.
Write the correct answer in boxes 7-10 on your answer sheet.

 7: A proposal for Regulating Multinational Corporations the FTO would determine the___________ for the multinational corporations to follow.

8: In this way, a multinational corporation would have to prove that all aspects of the way it produced its goods and the systems for their____________ to customers were in line with FTO requirements.

9: Similarly, it would need to satisfy the FTO that the processes employed by any_____________ that it used were also acceptable.

Questions 10-13

Choose no more than two words from the passage for each answer.

As an illustration, in order to source cocoa from Africa, a corporation would have to ensure that no illegal(10)___________ were being used by the(11)______________ during cultivation and that they had not taken over land from(12)____________.It would not be sufficient for multinational corporations to say that these points had been checked. Their conduct would have to be inspected by(13)_________appointed by TFO.