Making a Decision. In coming to a decision about this case, consider the following points:

In coming to a decision about this case, consider the following points:

· How trade restrictions affect international trade

· Reubin Askew’s recommendations

· Douglas Frazer’s strategy

What other factors should be discussed?

Your decision:

1.8 GRAMMAR BACK UP: The Infinitive

ANTICIPATION

Task 1

Familiarize yourself with the text and circle out the infinitives. Note different forms of the infinitives. Translate the text into Russian.

Some weeks ago a lorry carrying Harper & Grant’s goods was hi-jacked on the road. Now there is a further development of this which concerns the insurance. To be on the safe side, every firm insures itself against loss or damage to its property. Harper & Grant’s insurance brokers had arranged a blanket insurance with a syndicate of Lloyds underwriters. Blanket insurance means insurance which covers everything, a comprehensive policy. Lloyds is a huge insurance organization in London, grouped in syndicates. The underwriters employ a firm of adjusters to assess or value the loss or damage. The sum they give will not usually be as much as the full insured value of the goods or property. They will take into account, among other things, the depreciated value: for example, the value of the lorry has gone down, depreciated, because it is two years old. Harper & Grant have to make a statement at the end of an accounting period (say once a month or once a quarter) of the total value of goods. When the lorry was found, so to speak,abandoned, with its spoiled load of office furniture, the adjusters came in. However, in this case the lorry is a write-off, a total wreck and impossible to repair. But this does not concern Harper & Grant, because the lorry belonged to Andersons, the transport company from whom they hire vehicles. But the load of office furniture does concern them. They have already had to replace the load, which was wanted urgently in Scotland.

When a company, or a person, takes out an insurance policy it is, to say the least, an all-risks policy, that is, it insures the goods or property against almost anything that could happen. But most insurance companies put in some exceptions, like outbreak of war or Act of God (something out of ordinary which cannot be considered a normal risk). When an accident or robbery takes place the injured party puts in a claim to the insurance company. If the insurance company agrees to pay it is said to meet the claim. Notice, first you take out a policy, then you put in a claim, and the insurance company, you hope, agrees to meet the claim.