Black Gold

1.

a) developing

b) sack

c) commodities

d) profit

e) quality

2.

a) Joe O’Neill

b) Burte Arba

c) Dr Ernesto Illy

d) Tadesse Meskela

e) Addis Ababa

f) Kilenso, Mokonisa, Sidamo, Bule Hora

3.

a) coffee, the activity and excitement

b) They receive very low profits on their coffee.

c) New York

d) Brazil

e) 1999

f) Harar, Sidamo and Yirgacheffe

4.

It is very hard to success in this case, because most of the coffee beans are sold to the very capitalism countries, such as the US. And even the price of the beans is decided in New York, so it’d be really difficult to change the situation of the coffee farmers.  

There’s a higher portion of people from eastern countries would not only care of how much money they had earn, but also care about the society. So, I’d like to suggest Tadesse find some cafe from eastern countries, which are less capitalist. Also combine some ideas with Makers, studios and workshops in Taiwan. Taiwanese young people are always creative and can come up with various kinds of ideas. Maybe Tadesse could find out that coffee could have other kind of uses instead of drinking only.  

5.

a) Buyers and sellers

b)They didn’t success in the WTO meeting. The values they had were completely opposite, so there’s no consensus as the end.

6.

a) T

b). F The buyers and sellers set the international price of coffee.

c) F. Oil is the most traded commodity in the world.

d) T

e) F. A lot of companies want to work inside the New York market because then they do business with big coffee companies who sell their coffee at a cheaper price.

7.

a) delegates

b) co-operate

c) aid

d) subsidising

e) poverty

8.

a)Developing countries cannot depend on aid forever. It’d be an endless nightmare if they do not fix the problem from the root.  

b)I don’t agree with what Pascal Lamy, the EU delegate, had said. The coffee market now doesn’t follow the law of supply and demand even in the US. The demand of coffee is always very high, but the farmers did not earn directly proportional.