In this business English vocabulary lesson, we’ll look at some key macroeconomic terms, such GDP and GNP. We’ll explore the natural business cycle, which includes periods of expansion, recession and sometimes even depression. We’ll also look at the idea of trade balance between countries, which can be described as either a trade surplus or a trade deficit.
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In this English Video vocabulary lesson, we’ll look at business English vocabulary for international trade. International trade is a cornerstone of our global economy, as goods are constantly flowing by air and ship around the world. In this lesson, we’ll look at how it all works. Along the way, we’ll learn key vocabulary related to the process of international trade.
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In this Video Vocab lesson, we’ll look at English vocabulary for describing some of the processes involved in managing the supply chain, such as warehousing, purchasing, and materials management. We’ll also cover more advanced concepts such as enterprise resource planning, just in time manufacturing, and quality assurance.
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In this Video Vocab lesson, we’ll look at business English vocabulary for describing the basic steps in the supply chain, beginning with suppliers, who sell materials or parts to the manufacturers that assemble products. The products then go to distributors, who transport them to retailers, where they are then sold to consumers or end users.
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Previously, we looked at some of the main ideas and vocabulary for bonds, including such terms as yield, coupon, and maturity. In this financial English lesson, we’ll look at the different types of bonds. And we’ll explain some of the key terms related to how bonds are priced and traded.
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