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C1vocabulary

C1 German Vocabulary: Economy and Globalisation

Develop advanced German vocabulary for economic change, labour markets, trade and global interdependence.

Explanation

Read first, then practise

Wirtschaft und Globalisierung

Discuss economic relationships with precise collocations: Investitionen tätigen, Lieferketten diversifizieren, Arbeitsplätze schaffen and Wettbewerbsfähigkeit sichern.

Separate short-term fluctuations from structural change and distinguish economic growth from the distribution of its benefits.

Exercise 1

Complete questions 1–5.

1

What does “die Lieferkette” mean?

2

What does “die Wettbewerbsfähigkeit” mean?

3

What does “Investitionen tätigen” mean?

4

What does “die Wertschöpfung” mean?

5

What does “der Fachkräftemangel” mean?

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