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swiftly
quickly and without delay
The firefighters acted ……… to control the blaze.
shares
units of ownership in a company or financial asset
He invested in company ……… to build long-term wealth.
fraction
a small part or proportion of something
Only a ……… of the total budget was allocated to research.
undertook
committed to or started doing a task or project
The scientist ……… extensive research on climate change.
commercial banks
financial institutions that provide services such as loans and deposit accounts to businesses and individuals
Many ……… offer low-interest loans for small businesses.
tariff
a tax imposed on imported or exported goods
The government introduced a new ……… on imported steel.
bilateral trade agreements
trade agreements between two countries to facilitate economic cooperation
The two nations signed a ……… to eliminate certain trade barriers.
multilateral trade agreements
trade agreements involving multiple countries aimed at reducing restrictions and promoting global commerce
The WTO promotes ……… to encourage free trade worldwide.
impose
to officially force a rule, tax, or punishment
The government decided to ……… stricter regulations on pollution.
negotiate
to discuss something formally to reach an agreement
The two companies ……… a deal to merge their operations.
dispute
a disagreement or argument between parties
The border ……… between the two countries lasted for decades.
firm
a business or company
She works for a law ……… specializing in corporate cases.
outsourcing
the practice of hiring an external company to perform business functions
Many corporations rely on ……… to cut costs and improve efficiency.
deter
to prevent or discourage someone from doing something
Strict laws are designed to ……… people from committing crimes.
intervened
took action to change or influence a situation
The UN ……… to prevent further conflict in the region.
addressed
dealt with or focused on a particular issue
The president ……… the nation’s concerns about inflation.
afield
far away from one’s usual location or area
His research took him as far ……… as the Arctic.
persecution
cruel or unfair treatment, especially due to race, religion, or political beliefs
Many refugees fled their country to escape ……… based on their beliefs.
reasonably
in a fair or moderate way; to a satisfactory degree
The hotel was ……… priced, making it affordable for most travelers.
remittance
a sum of money sent as payment or as financial support
Many migrant workers send ……… back to their families in their home countries.