1.   The___ consists of those underground transactions that because of their illegality go

unreported.

a)         monetary policy

b)        fiscal policy

c)         black economy

d)       offshore company

2.  A___ is a country, often a small island nation with little local industry where income and

profits are not taxed.

a)         black economy

b)        tax haven

c)         tax evasion

d)       offshore company

3.      _ is the crime of processing stolen money through a legal company or sending it abroad to a
foreign bank.

a)         black economy

b)        tax haven

c)         money laundering

d)       tax evasion

4. ___ is the illegal non-payment or underpayment of tax.

a)    black economy

b)        tax haven

c)    money laundering

d)       tax evasion

5.____ is made, situated or registered abroad, especially in order to take advantage of lower

taxes.

a)         offshore company

b)        tax haven

c)         tax evasion

d)       money laundering

6.  An illegal payment to persuade someone to do something is a____ .

a)         fraud

b)        bribe

c)         money laundering

d)       scam

7.  Someone who receives bribes is involved in____ .

a)         bribery

b)        money laundering

c)         corruption

d)       scam

 

8.  When someone buys or sells securities using information that is not publicly available is_____

a)         scam

b)        insider dealing

c)         price fixing

d)       market rigging

9. ___ is when a group of companies in the same market secretly agree to fix prices at a certain

level.

a)         scam

b)        insider dealing

c)         price fixing

d)   market rigging

10.       _ is when a group of investors work together to stop a financial market functioning as it
should, to gain an advantage for themselves.

a)         scam

b)        insider dealing

c)         price fixing

d)       market rigging

11. Russia is free to slap retaliatory____ on imports of lowpriced machinery from china.

a)    trade barriers

b)   custom duties

c)         obstacles

d)       laws

12.      ____ is some good not genuine, imitation.

a)         fraud

b)   fake

c)    scam

d)       embezzlement

13.  The day before yesterday we___ to the restaurant by Tom.

a)         invite

b)        invited

c)         are invited

d)       were invited

14.  Look! The bridge___ .

a)         is being repaired

b)        is been repaired

c)         has been repaired

d)   has being repaired

15.  Margaret___ to be a very industrious person.

a) has been known

 

b)        is known

c)         is been known

d)       has known

16. Dad phoned us and asked if our luggage___ .

a)    was already being packed

b)   had already been packed

c)         was packed

d)       had already being packed

17. The problem___ for three years, but they haven't got any results.

a)         has been studied

b)        has being studied

c)         was being studied

d)       was been studied

Rewrite the sentences using the Passive Voice

  1. The watchmaker can't repair my watch.
  2. She could tidy up her room in the evening.
  3. They invited him to dinner.
  4. Somebody is using computer at the moment.
  5. People don't use this road very often.
  6. They look alike. They____ be twins.

 

a)         need

b)        must

c)         ought to

d)       had to

24.   You can stay out late if you like. You___ come home early.

a)         can't

b)        couldn't

c)         don't have to

d)       hadn't to

25.   The bus came on time so we____ wait long at the bus stop.

a)         haven't to

b)        hadn't to

c)         don't have to

d)   didn't have to

 

 

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