TRS6. P2. U2

Modern accounting developed during the Italian Renaissance and gradually ............ itself wherever Venetians, Genoans, or others carried it to ensure predictable business practices.

In the 15 th century, there were technological ................. (Gutenberg’s printing press, various advances in sailing gear) that rapidly— (3) at least in relative terms—changed the economic game and encouraged the spread of two main types of accounting

Common law was refined as trade increased during the Renaissance; later systems in colonies throughout the British Empire ............. the common law heading.

He insists upon ............ to every rule, no matter how silly.

Some people are more .............. philosophy than others.

While both India and Japan went through rapid and occasionally ............ periods of modernization, each managed to create a system of accounting that suited its needs.

They argued that a cut in the tax rate would .................. the economy.

While a protected industry is huddling within its borders, out of the crosswinds of the world market, ................ countries are competing in the marketplace of innovation.

The old car was a gas-guzzling ............ and we had to get rid of it.

Pressure from outside competitors is not the only free-trade factor that............ R&D.

restrictive tariff s can lead to a “.................” as educated professionals relocate to countries where their skills will bring them higher-paying positions.

The cheap importation of intermediate goods lets countries ............ their strengths without building elaborate domestic industrial infrastructure.

I ...............for seafood. I am crazy about it.

The earnest and .............. US Temperance Movement succeeded in getting Congress to establish Prohibition (a federal ban on the sale of alcoholic drinks that endured from 1920 to 1933), bringing us moonshine, the Jazz Age, and Al Capone.

If the heavy rain had ............... an extreme high tide, serious flooding would have resulted.