D. Complete sentences 1-6 about free trade with a-f below.

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 D. Complete sentences 1-6 about free trade with a-f below.

1) Free trade exists when goods can be traded easily between countries ...

2) Protectionism is where countries try to protect home producers ...

3) One way they do this is by using tank's...

4) Another way is by using quotas which limit ...

5) Domestic manufacturers often complain that foreign competitors ...

6) Exporters, on the other hand, often complain about …

a) ... which are a kind of tax on imported goods.

b) ... complicated bureaucracy and complex customs regulations.

c) ... without restrictions.

d) ... the number or quantity of goods that can be imported.

e) ... from foreign competition and cheap imports.

f) ... try to destroy them by dumping their goods at very low prices.

E. Complete these sentences with the words in italics from D.

1) These new import … make our products 50% more expensive.

2) Government … limit the import of luxury cars to just 200 each year.

3) … is a very good idea in principle, but in practice we … need to help domestic manufacturers to survive.

4) This … is awful; just look at all these forms we've got to fill in.

5) We can't compete with their prices; they must be… their goods to put us out of business.

F. Complete this summary about protectionism with the words from the box.

imports      profit unfair competition      kills the local competition

dump their goods     balance of trade manufacturing their own goods

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