Passage Reference: So two places in America are popular as corporate havens. One of them is called Dover. Dover?

Common Mistake: Some students write the spelling with capital letters or add extra words like Dover, USA. Only dover is needed. Adding extra words breaks the word limit. This is a number-spelling trap.

Paraphrasing: Transcript: 'called Dover' = Diagram: 'name of corporate haven'

Tips: When the speaker spells or confirms a name, write only the name, nothing extra.

Key Vocabulary:

• haven = safe place
• incorporate = register a company

Question Focus: Understanding a comparison used to explain incorporation

Correct Answer: address

Passage Reference: In very simple terms, it's like changing one's permanent address or town of residence. I see.

Why this is correct: The speaker explains incorporation by saying it is like changing a permanent address. The diagram simplifies this to address.

Common Mistake: Students often write residence because they hear it later in the sentence, but the chart focuses on the key idea. This is a distractor trap.

Paraphrasing: Transcript: 'permanent address' = Diagram: 'address'

Tips: When the speaker gives an example with 'like', listen for the main comparison, not every detail.

Key Vocabulary:

• permanent = long-term
• residence = place to live

Question Focus: Describing movement of corporations

Correct Answer: another place

Passage Reference: An existing corporation can also move to a haven to take advantage of special laws.

Why this is correct: The speaker says a corporation can move to a haven, meaning it moves to another place. The diagram uses simpler words.

Common Mistake: Some students write a haven, copying directly, but that does not match the diagram wording. This is a grammar-fit trap.

Paraphrasing: Transcript: 'move to a haven' = Diagram: 'another place'

Tips: In diagrams, the wording is often simplified. Match the idea, but keep the exact words that fit the gap.

Key Vocabulary:

• existing = already operating
• move = relocate

Question Focus: Reason why countries create tax havens

Correct Answer: source

Passage Reference: They're usually in countries that are trying to attract a source of income.

Why this is correct: The speaker explains that countries want to attract a source of income. The diagram shortens this to source.

Common Mistake: Students may write income, which is only part of the idea. The focus is on the source itself. This is a partial truth trap.

Paraphrasing: Transcript: 'source of income' = Diagram: 'source'

Tips: When you hear a phrase like 'source of', check if the diagram only wants the key noun.

Key Vocabulary:

• attract = bring in
• income = money earned

Question Focus: Identifying which corporations benefit most

Correct Answer: large

Passage Reference: these types of tax havens were good for large corporations.

Why this is correct: The speaker clearly says tax havens are good for large corporations. The chart only needs large.

Common Mistake: Some students write small because it is mentioned later, but that refers to difficulty, not benefit. This is a context shift trap.

Paraphrasing: Transcript: 'large corporations' = Diagram: 'large'

Tips: Be careful when the speaker contrasts large and small. Only one will answer the question.

Key Vocabulary:

• corporation = company
• benefit = advantage

General Tips:

• Diagram and note completion answers follow the order of the recording. Use the previous answer to know where you are.
• Do not exceed the word limit. Even one extra word makes the answer wrong.
• You must use words from the recording, not your own synonyms.
• Listen carefully when the speaker gives examples or comparisons. The answer often comes right after.
• When two similar ideas are mentioned, check which one actually answers the diagram label.