US Economy Outlook
Imagen: Manhattan. Creative Commons. https://es.wikipedia.org/wiki/Manhattan#/media/File:Manhattan_amk.jpg
Instructions: Read the text and look carefully at the underlined words.
The U.S. economy is still the largest and most important in the world. The U.S. economy represents about 20% of total global output. The U.S. economy is dominated by services-oriented companies in areas such as technology, financial services, healthcare and retail. Even though the services sector is the main engine of the economy, the U.S. also has an important manufacturing base, which represents roughly 15% of output. The U.S. economy maintains its powerhouse status through a combination of characteristics. The country has access to abundant natural resources and a sophisticated physical infrastructure. It also has a large, well-educated and productive workforce. Moreover, the physical and human capital is fully leveraged in a free-market and business-oriented environment.
US Economy Outlook. Retrieved and adapted October, 2016 from http://www.focus-economics.com/countries/united-states
Quiz
Getting started: US’ trade structure
Instructions: Read the text to answer the questions.
The U.S. plays a major role in the international trade system and is generally seen as a proponent of reduced trade barriers and free trade agreements. The United States currently has more than a dozen free trade agreements in place. Among them are the North American Free Trade Agreement (NAFTA), which was created in conjunction with Canada and Mexico in 1994. In 2011, the United States signed free trade agreements with Panama, Colombia, and South Korea. The United States is also an active member of the World Trade Organization (WTO).
- How is the US generally seen? .
- How many trade agreements does the US have? .
- Which is one of the North American Free Trade Agreements? . doneCheck
Quiz
Let’s study how to use Have & Has.
Instructions: Look at the following information about Have & Has.
Have is one of the most common verbs in the English language. We use it to express possession. Examples:
I have a big car.
She has a wonderful house.
They have many toys.
Look at the word order in the positive form:
| Subject | Verb | Complement |
|---|---|---|
| I | have | a new house. |
| You | have | a nice flat. |
| He | has | an expensive car. |
| She | has | a bicycle. |
| It | has | a beautiful color. |
| We | have | new friends. |
| They | have | a lot of money. |
Instructions: Fill in the gaps with the “have” or “has”.
- They an airplane.
- He a motorcycle.
- Ken a book.
- Andy a computer.
- People have TVs.
- They laptops.
- Robert a car.
- Dora and Nancy a bus ticket.
- The children many toys.
- Mr. and Mrs. Smith six children. doneCheck
Quiz
Word order
Instructions: Make positive sentences with the following promps.
beautiful in the My parents have a house city
Toronto
I
flat
have
a fantastic
in
a new
My father
has
job
a lot of
My brother
friends
has
have
test
They
English
an
tomorrow
seven
That
has
woman
children
has
My sister
boyfriend
a new
has
The child
pencil case
an old
My father
two
has
names
has
house
My teacher
a big
Quiz
Evaluation: The US economy
Instructions: Choose the right options in the following text.
The US have/has abundant natural resources, a well-developed infrastructure, and high productivity. It has/have the world's ninth-highest per capita GDP (nominal) and tenth-highest per capita GDP (PPP) as of 2013. Americans have/has the highest average household and employee income among OECD nations. The US not only has/have the largest internal market for goods, but also dominates the trade in services. The United States also has/have one of the world's largest and most influential financial markets.