To collapse — рухнуть

Match the following terms with the correct definition

Work with a partner.

Enterprise

Incorporation

Private company

Joint venture

Convertibility

Factor endowment

Weightlessness

A) A type of business organization that permits a limited number

Of shareholders to enjoy limited liability and to be taxed as a

Company.

B) The relative availability of the different factors of production

In a country. An important determinant of the pattern of international

Trade.

C) The action of forming a company by carrying out the necessary

Legal formalities.

D) The term used to describe the decreasing material component

In the value of world output. The decline of heavy industry

And the relative growth of the services industries in richer

Countries account for the decline in physical value added.

E) One or more firms under common ownership or control.

A term used in the census of production to distinguish the

Reporting unit from the firm or unit of control.

F) A business arrangement in which two companies invest in a

Project over which both have partial control. It is a common

Way for companies to collaborate — especially on risky hightechnology

Ventures — without engaging in full-scale merger.

G) A currency is said to be convertible when it may be freely exchanged