Topical Vocabulary

Table 1. Complete the chart below:

Verb	Noun	Adjective
1.     to accumulate		accumulative
2.     to act	action / activity
3.	combination	-
4.     to create
5.     to expand		expanding expansive
6.	growth	-
7.     to improve		-
8.     to develop
9.	preference	preferable
10.    to profit		profitable
11.    to prosper	prosperity	prosperous
12.	signature	-
13.	success
14.    to trade	trade (trader)	trading
15.    to output	output output of services	output
16. to encourage

 Table 2.

Synonyms	Antonyms
expensive profit, benefit, income major brief to loan, to lend money rapid growth, rise to increase, to go up, to rise, to grow	cheap loss, damage minor long to borrow money slow fall, decline to decrease, to go down, to reduce, to fall, to drop

 Key phrases:

debt payments

advance payment

terms of payment

economic slump=economic crisis

to sign the treaty

to remove barriers

to hinder transition

to maintain closer relations
to encourage foreign trade
to borrow money

interest

interest rates

advance = progress, improvement

advanced technology

infrastructure

unification

neighbour
EEC=EU
Mediterranean
Pacific Rim