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1 . Although GAP stands for Genuine American Product , most of its clothes are ____________________ in Asia .

2 . In 1989 Pepsi - Cola ____________________ a new product called Pepsi A . M . , which ____________________ the 'breakfast cola - drinker' . It was an inmediate flop .

3 . The Spanish airline Iberia ____________________ with British Airways in 2011 .

4 . Apple is considered one of the best companies in the world for the way they ____________________ their products .

5 . Prosciutto is a kind of Italian ham . Two of the best known are the San Daniele and the Parma , which are ____________________ in the Friuli and Emilia regions of Italy , and are ____________________ all over the world .

6 . The Royal Bank of Scotland ____________________ ____________________ NatWest Bank in 200 , even though it was in fact a smaller rival .

7 . The supermarket chain Tesco ____________________ the the market leader in 1995 , and si still UK's biggest - selling chain .

8 . Zara shops were ____________________ in Spain in 1975 , but the company ____________________ internationally .

9 . Nowadays it is quite a risk to ____________________ ____________________ a new business . In the UK 20% of businesses ____________________ in their first year .

10 . The cost of living in Iceland is so high because so many food products have to be ____________________ .

11 . During a boom period the economy ____________________ quickly and living standards ____________________ .

12 . During a recession many companies ____________________ ____________________ and living standards ____________________ .