The Hindu Editorial (No zero-sum games) – Feb 11, 2019
There are alarm bells in India over a possible decision by the U.S. Trade Representative to withdraw the Generalised System of Preferences status. For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (No zero-sum games) – Feb 11, 2019.
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Today’s word list-2 The Hindu Editorial (No zero-sum games) – Feb 11, 2019:
- zero-sum game (phrase) – zero-sum game is one in which no wealth is created or destroyed. So, in a two-player zero-sum game, whatever one player wins, the other loses.
- hostility (noun) – opposition, aversion, resentment.
- halt (verb) – terminate, end, stop.
- alarm bell (noun) – signal, warning, alert.
- Generalised System of Preferences (GSP) (noun) – The Generalized System of Preferences (GSP) is a U.S. trade program designed to promote economic growth in the developing world by providing preferential duty-free entry for thousands of products from 129 designated beneficiary countries and territories.
- revocation (noun) – cancellation, abandonment, calling off/recall.
- concession (noun) – grant of privilege; favour, allowance, exception.
- blow (noun) – setback, failure, disappointment.
- trade deficit (noun) – a trade deficit (a deficit in the balance of trade) occurs when the value of a country’s imports exceeds that of its exports. It is also called a trade gap.
- rest on (verb) – be based on, depend on, rely on.
- in line with (phrase) – in accordance with.
- zero out (phrasal verb) – reduce to zero.
- retaliation (noun) – revenge, vengeance, counter-attack.
- put off (phrasal verb) – postpone, delay, delay/defer.
- come through (phrasal verb) – be successful in, get through, be processed.
- breakthrough (noun) – progress, development, advancement.
- aggravate (verb) – worsen/make worse, exacerbate, compound.
- substance (noun) – significant subject, important matter/content, valid message.
- deadlock (noun) – stalemate, impasse, stand-off.
1. Click each one of the words above for their definition, more synonyms, pronunciation, example sentences, phrases, derivatives, origin and etc from http://www.oxforddictionaries.com/.
2. Definitions (elementary level) & Synonyms provided for the words above are my personal work and not that of Oxford University Press. Tentative definitions/meanings are provided for study purpose only and they may vary in different context.
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Today’s word list-2 for The Hindu Editorial (No zero-sum games) – Feb 11, 2019: