2S_Englisch Vocabulary - Economics/Marketing

an equivalent given in return //// The move is a tit-for-tat response to Volkswagen’s attempts to expand sales in southern China. * If he responds negatively, we strongly suggest you do not get involved in a tit for tat.

the idea that a business has become so large that a government will provide assistance to prevent its failure //// The market perception that some financial institutions are “too big to fail” is alive and well.

(to make) a commercial transaction involving the sale and purchase of a good, service, or information //// Trade negotiations turned into an exchange of recriminations. * All councils trade electronically with their suppliers. * Only six months ago the shares were trading as high as 35.5p. * the balance of trade * fair/foreign/global trade * insider trading * a trade deficit/surplus * a trade union

reducing or forgoing one or more desirable outcomes in exchange for increasing or obtaining other desirable outcomes //// There has to be a trade-off between quality and quantity if we want to keep prices low. * The explosion in data collection has been accepted by many as a trade-off for convenience and discounts.

expenses paid when buying or selling securities //// At their initial recognition liabilities are measured at fair value less transaction cost. * There are transaction costs of about 7%.

a measure that looks at how well members of the labor force are being utilized to their full potential //// Having a degree or other qualifications is no protection against under-employment.