PRODUCTION
I. Practice the pronunciation of the following words:
definition [ ], utility [ ], schematically [ ], technological[ ], polio vaccine[ ], mathematical [ ], equation [ ], specialization [ ], division [ ], concentrate [ ], endowment [ ], specialize [ ], Idaho [ ], Iowa[ ], California[ ], self- sufficiency [ ], emphasize [ ], similarly[ ], niche [ ], inefficient [ ]
II. Translate the following words and word combinations into Russian and learn them by heart:
- utility
- input
- output
- equation
- endowment
- commodities
| - production techniques
- to reduce self-sufficiency
- capital goods
- to increase economic interdependence
- comparative advantage
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III. Read and translate the text.
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