Ó 23kt39 Austria’s exports and imports Work in A/B pairs. A, look at Austria’s exports on p. 213 and describe them to your partner. B, look on p. 220 and describe Austria’s imports. Discuss these questions. 1 Which country is the most/least important trade partner according to the diagram? 2 Is it the same for both imports and exports? Go online and find the current figures for Austria’s imports and exports. Has anything changed? Does Austria have more exports than imports? Look at Austria’s balance of trade in 2019 to find out. Speaking 1 a b c 400 Jul 2019 Oct 2019 Jan 2020 Apr 2020 Source: TRADINGECONOMICS.COM | STATISTICS AUSTRIA -94 -889 -526 -204 -345 -310 -447 -184 142 399 -135 -427.6 -400 -600 -800 -1000 200 -200 0 In pairs, describe the changes that occurred from July 2019 to April 2020. Try to come up with a definition for the term ‘trade balance’. What is a negative/positive trade balance? Use online resources for help. Compare your results. What kinds of goods can you think of that Austria imports or exports? Look at the list of Austria’s import and export products. What product or company names would you associate with either imported or exported products? Talk together. d e Reading 2 a b Austria’s top import products motor vehicles metal goods oil products foodstuffs financial services electronic goods Austria’s top export products tourism* paper and cardboard metal goods, iron, steel machinery and vehicle parts textiles food and drink * A large part of Austrian exports are service exports, with tourism taking first place. 126 10 Unit Trading with the world explain what fair trade is describe the effects of globalisation write an article discuss CSR Goals talk about import and export present a company write a report talk about changes in trade write a blog post Nur zu Prüfzwecken – Eigen um des Verlags öbv
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