B Match the economic terms (1 - 6) to their definitions ( a - f).
1 foreign debt b) money that a country owes to lenders abroad
2 public expenditure a) the total amount of money spent by a government on schools, roads, the army, etc.
3 recession f) a period when tra de and business activity decreases
4 subsidies e) money that a government pays to make something cheaper to buy
5 trade deficit d) situation when a country pays more money for imports than it gets from exports
6 trade surplus c) situation when a country sells more goods to other countries than it buys from other countries
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B Match the economic terms (1 - 6) to their definitions ( a - f).
1 foreign debt b) money that a country owes to lenders abroad
2 public expenditure a) the total amount of money spent by a government on schools, roads, the army, etc.
3 recession f) a period when tra de and business activity decreases
4 subsidies e) money that a government pays to make something cheaper to buy
5 trade deficit d) situation when a country pays more money for imports than it gets from exports
6 trade surplus c) situation when a country sells more goods to other countries than it buys from other countries