Vocabulary
international funds – міжнародні фонди
easy / the easiest - ['i:zi ] – легкий, простий\ найлегший, найпростіший
Mutual fund - [ 'mju:tjuol ] – фонд взаємних інвестицій
to be available - [ a'veilebl ] - бyти доступним
to focus (on) - [ 'fokus ] – зосереджуватись на
market - [ 'ma:kit] – ринок
foreign – іноземний
instead of- [ in'sted ] – замість
The International Monetary Fund (IMF) - [ 'mAnitsri fand ] – Міжнародний валютний фонд
to aim - [ 'eim ] – прагнути
to avoid - [ e'void ] – yникати
a purpose – мета
to provide - [ pra'vaid ] – надавати, забезпечувати
to achieve - [ e'tSi:v ] – досягати
to reduce - [ ri'dju:s ] – знизити, зменшити
to ensure - [ in'Sue ] – забезпечувати, запевняти
Exercise 1. Read and translate the text:
One of the easiest ways to start international business is through mutual funds. International funds are now very available. Some focus on a single country or geographic region, while others invest all over the world. Here are the main types of funds.
Global Funds: As the name suggests, global funds invest throughout the whole world, including both the U.S. and foreign markets.
International Funds: From an American investor's perspective, an international fund is one that invests outside the U.S. International funds are also known as "foreign" funds.
Regional Funds: Some investment managers have particular geographic areas of activity, such as Europe, Asia, or Latin America. Regional funds focus on a specific geographic region.
Country Funds: These funds invest only in a single country market, giving you a focus on a specific part of the world.
Global Sector Funds: Instead of looking at the world through a geographic lens, sector funds concentrate their activity on a particular industry like health care or technology.
The International Monetary Fund: The IMF was founded more than 60 years ago toward the end of World War II. Nowadays the IMF's main purpose — to provide the global public good of financial stability—is the same today as it was when the organization was established.
Its membership is 187 countries now. The IMF provides policy advice and financing to members in economic difficulties and also works with developing nations to help them achieve macroeconomic stability and reduce poverty.
It sees its mission as ensuring the stability of the global monetary system.
Exercise 2. Answer the following questions
How can you describe the word fund?
What types of funds do you know?
What does the global fund do?
What is “foreign” fund?
What funds have particular geographical areas?
What funds invest only in a single country market?
What funds concentrate his activity on health care?
What is International Monetary Fund? Explain in English.
What was the aim of IMF?
What is the main purpose of IMF now?
What is the mission of IMF?
How many countries are the members of IMF?
Exercise 3. Translate the phrases into English
Розпочинати міжнародний бізнес, міжнародні фонди, фонд взаємних інвестицій, концентрувати свою діяльність, певна частина світу, економічна співпраця, глобальний конфлікт, географічний регіон.
Exercise 4. Explain the meanings of the following words:
Regional funds
International funds
Country funds
Global sector funds
Country Funds
The International monetary fund
Exercise 5. Translate the following statements and make up the sentences with them
To start international business;
Instead of;
To be available in;
To achieve macroeconomic stability;
To reduce poverty;
To focus on;
To invest throughout the whole world.
Exercise 6. Tell your point of view on the following
Is The International Monetary Fund an integral part of modern world?
Compare all types of funds. To your mind what is the best one? Why?
What are the advantages and disadvantages of all these funds? Speak on.
Exercise 7. Fill in the table according to the text
Name of a fund |
Main activity |
Area of activity |
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Заняття 23
ООН. Узгодження часів