A lot of peo_____(1) in the wor____(2) need to study English. In fact, a lot of schools have diff______(3) courses for different people and reasons. Some people pref_____(4) to have convers_________(5) classes, but oth____(6) people prefer to have classes abo____(7) grammar.

Of course, engineers, technicians, doctors, accountants, (8)_______puter programmers, managers, supervisors, controllers and other people rea_____(9) have contact with the (10)____nguage and need to unders________(11) texts and man__(12) other things. We live in a globalized world and communication is alw_____(13) important.

Everybody needs to do business in several (14)_____untries and everybody needs to discuss sev_______(15) subjects, so clear communi_______(16) is essential.

Many companies need to (17) __ork 24 hours a day, so these companies depend on these employ_____(18). Responsib_______(19) is essential nowa_______(20).

Companies and processes can not stop. Assembly lines can not stop, other_______(21) these companies can lose a lot of money. Companies want to make money, not lose money. Entrepreneurs and business_____(22) are interest____(23) in profit and not in lo____(24). We live in a very competitive world.

On Jan. 1, 1999 the European Moneta..... Union (EMU) will come into full-blown exisistence with 11 countries adopting a continent-wide (currency / coin) _______ called the euro. Coins and notes will not be (customized / available)_______ until Jan. 1, 2002. Until that time, one can (either / neither) _______ use the old currencies or conduct euro .......ansactions electronically, or with (coins / checks) ______ or plastic cards.

In (2002 / 2003) _______ , EMU countries (were / will) ________ use only the euro as their legal (tender / money)________, and the Deutsche mark, French franc, Ital....... lira et al. will ________ to exist. This new mon...... may finally (trigger / sustain) _________ a Western European economic renaissance. For years ........rope has been an economic backwater beca........ of excessive taxes and regulat........, onerous (labour / labor) ________ laws and ludicrously lavish welfare benefits.

In a speech last week from the capital, Brazils president Luiz Incio Lula da Silva appeared to (balloon / slump)___________ with pride over his (accomplishments / task) ___________ and gloated over achieving in (months / weeks) _________ what his predecessor Fernando Henrique Cardoso could not do during his eight years in (office / Congress) ______________.

I am pleased and the Brazilian people are satisfied that we have (done / cut)_____________ something in seven months that has taken other countries years to do, said Lula on the pension reform (amendment / bill)________________. The last president of Brazil (spent / wasted) _____________ eight years trying to get a social security reform (bill / act) ________________ through Congress.

While the president is riding high over his win with pensions, analysts see a much tougher field to hoe in the coming months. Next on the Lula administration agenda is (taxes / vacation)________________, a fight that will not only be (waged / done) __________ in the capital, but at the state and local levels as well.

Governors, who backed Lulas pension proposal in Congress, want to see additional (revenue / expenditure)____________tickle down to the local levels. The president, (however / despite)________, insists on tax reform designed to stimulate production, not to (boost / plummet)_____________revenue for the states, as he put it on Monday.

TRANSLATE THE FOLLOWING NOUNS.

a) Interest rate cut :

b) Key interest rate :

c) Capital spending :

d) Business profit :

e) Government agencies :

f) Trade policy : _______________________________

TRANSLATE THE FOLLOWING NOUNS.

g) Stock market :

h) Sales tax :

i) Heart attack:

j) Income tax :

k) Accounting procedure:

1. Consumer credit hits new records, but fails to boost consumption

( ) As financing is easier, people are purchasing more

( ) Despite easier money, people are buying less than expected

( ) Consumers are buying less because credit is short

2. The word hitherto expresses the same idea as:( ) so far( ) until now( ) both the previous items

3. President said that opponents plan to roll back tax cuts for those making $200,000 or more a year wouldjeopardize the U.S. economic recovery. The word jeopardize can be best translated as:

( ) alavancar( ) por em risco( ) sustentar

a)One third of the illiterate went to school

b)U.S. complains about requirement for entry of tourists into Brazil

c)Homeless kids prefer to live on the streets

d) To auto makers, exchange rate is starting to hamper exports

e) President fails to implement plan against violence

f) President accuses opposition of triggering crisis with an eye on elections

g) Public workers to receive pay rise above inflation

h) Government tries to avoid probe into political scandal

i) Argentina complains about Brazils tax barriers