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INCREASE YOUR VOCABULARY

Exercise 1. Point out English equivalents to Russian economic allocation.

1.

дорогостоящая ошибка

a. economic goals

2.

минимальная потеря

b. demand and supply

3.

успешная компания

с. financial loss

4.

цели экономики

d. costly mistake

5.

имеющиеся в наличии

e. political turmoil

6.

спрос и предложение

f. healthy company

7.

политическая нестабильность

g. minimal loss

8.

стабильные дивиденды

h. available

9.

экономика свободного рынка

i. foreign company

 

 

j. retained earnings

 

 

k. consistent dividends

 

 

l. free-market economy

LANGUAGE ACTIVITY

Exercise 1. Insert prepositions (by, in, of, for, to) where necessary.

1.There are different goods and services available … international investors.

2.The development of trade relations corresponds … political and economic goals of our countries.

3.Domestic trade allows … sellers and buyers not to use foreign currencies.

4.The debts are to be paid … a spendthrift country.

5.If you have free money, you may buy shares … an equity fund.

6.Your proposal may be … interest to us.

7.The investors need … help of skilled managers.

Exercise 2. Summarize your knowledge of the Subjunctive Mood.

Translate the sentences paying special attention to the verbs in the Subjunctive Mood.

I. 1. It is better that you invest in an equity fund.

2.It is improbable that his business be successful.

3.It is important that the documents should be received on time.

4.It is desirable that he pay back the debts.

II. 1. I propose that the rate of interest be stated beforehand.

2.The arbiter insists that both sides should arrange the payment of the project.

3.The investor requires that the decision should be made by a skilled fund manager.

4.Our partner demanded that the goods be paid by cheque.

III. 1. When the bankruptcy becomes reality, shareholders begin to sell shares, lest they should loose their money.

2. We shall solve the problem so that our business should be profitable for both of us.

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3. The representatives met in November in order that all terms should be agreed by the end of the year.

Exercise 3.

1) a. While translating the sentences be attentive to the Past Simple and Past Perfect after the verb “to wish”.

b.Translate the sentences below

1.It is necessary that he choose the means of transporting goods. I wish he did it as soon as possible.

2.It is desirable that I speak to Mr. Brown. I wish I had met him in London last time.

3.It is better that you shouldn’t be in business at all. I wish you had chosen another job.

4.It is important that new shares should be used as soon as new investors are ready to buy them. We wish the company could do it.

2) a. Remember that the verb “wish” can be used to express regret about things that cannot or didn’t happen.

b. Finish the sentences below according to the model.

Modal:

-I wish I were at home now. I wish I were at home now, but I’m not.

-I wish they hadn’t bought this book. I wish they hadn’t bought this book but they did.

1.I wish you arrived earlier, but ….

2.I wish he were not so poor, but ….

3.I wish I had borrowed from this bank, but ….

4.She wished she hadn’t accepted their proposal, but ….

5.I wish thus firm acted more successfully, but ….

6.I wish I had stayed in business, but ….

Exercise 4. a. Read and translate conjunctions of Clauses of concession: although (thought, even though), despite, while, whereas, nevertheless, however, whatever.

b.Choose the appropriate conjunction between two given.

1.However/ Although many countries risked popular protest and economic problems, they decided to start a complete transaction to a free-market economy.

2.Many think that the market is leading in development of any country, however/ despite it is not always so.

3.The main political forces in Denmark in 2000 agitated for “Yes” vote before referendum, nevertheless/ whatever the Danes said “No”.

4.There was some good news for investors while/ even though the shareholders were not satisfied with the results.

5.Despite/ Whatever you say, I won’t believe you.

6.I work for a private company even though/ whereas my parents work for a private enterprise.

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Exercise 5. Join the sentences using although, whereas, despite, but, while.
1. Mr. Harvey is a company director. a. He works long hours.
2. He is a tall dark haired man. b. He never drives to work.
3. Mr. Harvey enjoys his job. c. His mother is short with blond hair.
4. In the evenings he likes to listen to classical d. Mr. Harvey’s younger sister likes music. rock music.
5. Mr. Harvey is fond of cars and owns a e. He is only 26. new Jaguar.
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