Give the Russian equivalents for the following words and expressions from texts (FOCUS 3). 1. the present wave of globalization can be contrasted with

1. the present wave of globalization can be contrasted with

2. a dramatic increase in the flow of goods and capital

3. less developed and densely populated areas

4. the multilateral trade liberalization under the auspices of the GATT

5. social welfare policies and programs

6. to be unable to advance beyond primary commodity exporting

7. this wave of globalization has been spurred by advance in…

8. poor countries have broken into the global market for manufacturing and services

9. there was convergence among OECD countries

10. household inequality has declined

11. a people’s exposure to foreign culture can undermine their own cultural identity

12. food itself is and integral aspect of the culture

13. it wasn’t considered proper for Chinese children to buy food with their own money

14. the spread of American companies in foreign countries can have unexpected consequences

15. to attempt to intervene in the functioning of the market

16. a company can take advantage of economies of scale

17. European businesses would lose profits each time their goods crossed a border, incurring transaction costs

18. one of the most diverse countries in the world

19. the U.S. market is so large and so affluent

20. movies produced in French, whatever merits they have as films