H. Answer the following questions about the text

1) How is Britain’s economy characterized in general? What is the statistic used to measure the economy? How do you understand the following – “one of the quintet of trillion dollar economies”?

2) The first ingredient of a nation's economic system is its natural resources. What about the UK?

3) What is the UK’s CB? Does the UK undertake an independent monetary policy? Is Britain a member of the euro zone?

4) What is the key sector of Britain’s economy? What does it cover? How much does it contribute to GDP? What industries decline? How do you understand the following – “a net importer of energy”?

I. Summarize the information about Britain’s Economy. Use the headings below.