Global business: comparing and contrasting economies

Summary

This 90-minute ESL lesson for B2 learners explores Global business: comparing and contrasting economies through a real video. Across 9 interactive exercises, you'll develop listening comprehension, vocabulary, speaking skills — all built around authentic English content.

What you'll practise:

• 5 key vocabulary items with definitions and usage notes
• Gap-fill and cloze exercises to test vocabulary in context
• Matching exercise to connect terms with their meanings

Lesson activities (9 exercises)

Each exercise builds on the previous one. Work through them in order for the best learning experience.

1. Warm-up — Discussion questions to activate what you already know about the topic.
2. Watch — Watch the video excerpt from 2:45 to 5:20. Focus on the main ideas, key vocabulary, and examples.
3. Comprehension — Answer questions to check your understanding of the main ideas and supporting details.
4. Vocabulary — Learn key words and expressions from the video, with definitions and usage notes.
5. True / False — Test your detailed understanding — decide if each statement matches the source.
6. Fill the gaps — Complete sentences with the correct vocabulary. Drag and drop or type your answers.
7. Multiple choice — Choose the correct answer from four options — testing comprehension and language use.
8. Matching — Connect words, phrases, or concepts to their correct counterparts.
9. Discussion — Reflect on the topic and share your opinions using the language you've learned.

Vocabulary

This lesson introduces 5 key terms drawn directly from the video:

• To gain a foothold in the market — to establish a secure, initial position in a new business or market area.
• A one-size-fits-all approach — a single solution or strategy that is applied to all situations, often inappropriately.
• To tap into a new market — to access and start taking advantage of a new group of potential customers or a new sales area.
• To navigate the regulatory landscape — to successfully deal with a country's or region's complex system of laws and official rules.
• A level playing field — a situation of fair competition, where no single company or person has an unfair advantage.

Grammar

This lesson includes a grammar focus with clear explanations and practice exercises.