Read and translate the letter

Английский язык

Вариант 1

Text

Read the text at home Write out and translate the words you don't know.

Economics and the Economy?

Economics is the study of how society decides what, how and whom to produce. Every group of people must solve three basic

problems of daily living: what goods and services to produce, how to produce these goods and services and for whom to produce these goods and services.

In many ways, we are all the part of the world economy. When we drink our imported coffee in the morning, when we use a foreign-made videocassette recorder, or when we travel abroad on holiday, we are participating in the growing world of international trade and finance. And it is not only as a consumer of foreign goods and serv­ices that we are part of the world economy.

The world economy is made up of all those interaction among people, businesses, and governments that cross international borders, even the illegal ones. Basically, whatever crosses an international border — whether goods, services, or transfers of funds — is part of the world economy. Food imports, automobile exports, investments abroad, even the trade in services such as movies or tourism contrib­ute to each country's international economic activity.

By goods we mean physical commodities such as steel, cars, and strawberries. By services we mean activities which can be consumed or enjoyed only at the instant they are produced. In exceptional cir­cumstances, society may find that some of the questions about what, how, and for whom to produce have already been answered; until the arrival of Man Friday, Robinson Crusoe need not worry about the for whom question. In general, however, society must answer all three question,'

Read the words give» below:

world business

economy government

foreign border

abroad illegal

participate whether

trade transfer

finance import

consumer export

interaction investment

among contribute

commodity to produce

production daily living

Vocabulary practice

I. Find in the text and give Russian equivalents of the fol­lowing words and word combinations.

The world economy; imported coffee; a foreign-made videocas-sette recorder; to travel abroad; to trave on holiday; we are partici­pating in the international trade and finance; a consumer of foreign goods and services; interactions among people, businesses, and gov­ernments; to cross international borders; illegal; transfer of funds; food imports; automobile exports; investments abroad; the trade in services; to contribute; international economic act vity.

П. Find in the text and give English equivalents of the fol­lowing words and word combinations.

Потребитель иностранных товаров и услуг; перевод денежных средств; путешествовать в отпуске; импортный кофе; пересекать международные границы незаконный; иностранные инвестиции; мировая экономика; вносить вклад; международная экономическая деятельность; взаимодействие (взаимоотношения между) людей предприятий и правительств; путешествовать за границей; мы участвуем в международной торговле.

III. Choose the necessary word and put it in the sentence. Translate the sentence into Russian.

1.1 like to drink only... coffee. abroad

2. We are all part of the ... economy. consumers

3. We try to avoid ... actions, imported

4.Tourism and automobPe imports ... to the

international economic activity of this country. illegal

5. Every holiday I travel.... contribute

6. The world economy is made up of... world

among people, businesses, and governments.

7. We are a 1... of foreign goods and Interactions

services.

IV. Answer the questions.

1 Are we all part of the world economy?

2 When are we participating in the growing world of interna­tional trade?

3. What is the wor d economy made up of?

4. Is the world economy made up only of legal interactions?

5. What can contribute to country's international economic ac­tivity?

V. Translate the following sentences into English.

1 Импорт продуктов, экспорт автомобилей, иностранные инвестиции являются частью внешней экономической деятель­ности любой страны.

2. Так или иначе мы все являемся частью мировой экономики.

3. Мировая экономика состоит из всех тех взаимоотношений между людьми, различными формами бизнеса и государствами которые пересекают международные границы, даже если эти взаимоотношения являются незаконными.

4. Когда мы утром пьем наш импортный кофе или уезжаем за границу во время отпуска мы все принимаем участие в растущем мире международной торговлии финансов.

VI. Retell the text

Read and translate the letter.

To the Manager

Bank for Foreign Economic Affairs

Moscow

Your ref: Unknown Ourref: OC/CC/NA

Dear Sir, . 8^th November 2003

Our Number: BCD FOR/...(please quote ) Amount: GBP 941.10 Sent: 7^th October 2003 Tenor: Payable at Sight Drawee: V/O Medexport

We would advise that we cannot trace the receipt from you of any acknowledgement for the above mentioned collection, dispatched by airmail on 7* October 2003. Pleas confirm that the bill has been presented for payment, advising when the relevant proceeds may be expected in London.

Should the bill remain unpaid, please advise us immediately giving drawers reason for refusal.

If unpaid please confirm that protest action has been taken in ac­cordance with our original instructions.

Yours faithfully, p.p. Manager Lloyds Bank

Вариант 2

Text

Read the text at home. Write out and translate the words you don't know.