VOCABULARY
To draft
To implement
Subsidies: money given by a government or other organization to pay part of the cost of something housing subsidies for poor
To manufacture: to produce something, usually in large numbers in a factory. Local industries manufacture plastic products, boats, and clothing.
Value added goods: The increase to the value of a product at each stage of in a production cycle or supply chain. For example, a timber company cuts down trees, which adds value to the wood because it can then be used
Commodities: products that you can buy or sell
Patents :legal right that a person or company receives to make or sell a particular product so that others cannot copy it. To get a patent for something.
Competitive: wanting to win or to be more successful, than other; involving competition
To trade : to buy and sell goods or services, especially between countries
To be committed to:
A joint venture: a business activity that involves two or more companies working together.
Grant: an amount of money provided by a government or organization for a special purpose.
Flow :when something moves somewhere in a smooth continuous way
Standards:
To levy duties: to officially demand money
Dumping
Agenda
Command economy
To set up
Chartered accountant
Instalment
Car dealer
Wine merchant
Rent-free flat
Company car
Hefty
Bonus
Perk
To yield
To enter into force
To join to apply for membership
To draw budgets
To opt out
To sign up
Currency
Windfall
A shift
A pensioner
Embargo
To smatter
Labour
Economic
Barter
To supply
Bargain
To resume
To retrieve
Gear
To swap
To plummet
To thrive
Ailing
Refund
Outlet
To claim
To plough back
Fees
Pedestrian precincts
To cash in
Agenda
Schedule
Turnout
Turnover
Takeover
A craze

CONCEPTS
Welfare standards
A Bill
The CAP
Equal opportunities
Standard of living
To retaliate
Processed goods
Raw materials
Tariff barriers
Economies of scale
Red tape
Licenses
Local