- •Міністерство аграрної політики україни сумський національний аграрний університет business english
- •Unit 1 the economic environment
- •Vocabulary notes
- •Assignments
- •1. Suggest the Ukrainian equivalents.
- •2. Replace the parts in italics by synonyms.
- •3. Increase your vocabulary.
- •4. Fill in the gaps with the words and expressions from the text
- •5. Translate into English. To affect smb, smth
- •To deny
- •6. Find in the text English equivalents for the following:
- •7. Answer the questions.
- •8. Translate using all the active possible.
- •Unit 2 measuring economic activity
- •Vocabulary notes
- •Assignments
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms.
- •3. Fill in the gaps with the words and expressions from the text.
- •4. Find in the text English equivalents for the following.
- •5. Increase your vocabulary:
- •It is likely (unlikely) that...
- •6. Give explanations in English
- •7. Answer the questions.
- •8. Translate using all the active possible.
- •Unit 3 three economic issues Three economic issues
- •The oil price shocks
- •Vocabulary notes
- •Assignments
- •5. Find in the text English equivalents for the following:
- •6. Explain in English:
- •7. Answer the questions:
- •8. Translate using all the active possible
- •Vocabulary notes
- •Assignments
- •1. Suggest the Ukrainian equivalents
- •2. Fill in the gaps with the words and expressions from the text
- •3. Fill in the table with the data from the text Table 1. The distribution of world income
- •4. Find English equivalents
- •6. Answer the questions
- •7. Translate into English using all the active possible
- •Unit 5 the role of government
- •Tabl. 2. Government Spending as a Percentage of National Income
- •Vocabulary notes
- •Assignments
- •5. Fill in the gaps with the words and expressions from the text
- •6. Find in the text English equivalents for the following
- •7. Answer the questions
- •8. Translate using the active possible
- •Vocabulary notes
- •Assignments
- •1. Suggest the Ukrainian equivalents
- •2. Fill in the gaps with the words and expressions from the text
- •3. Draw a figure, complete it, mark all the points (from a to g) and explain it in English making use of the following phrases
- •4. Find English equivalents
- •5. Explain in English
- •6. Answer the question
- •7. Translate into English using all the active possible
- •Vocabulary notes
- •Assignments
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Fill in the gaps with the words and expressions from the text
- •4. Find in the text English equivalents for the following
- •5. Answer the questions
- •6. Translate using the active possible
- •Vocabulary notes
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Fill in the gaps with the words and expressions from the text
- •4. Find in the text English equivalents for the following
- •5. Answer the questions
- •6. Translate using all the active possible
- •Vocabulary notes
- •Assignments
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Fill in the gaps with the words and expressions from the text
- •Vocabulary notes
- •Assignments
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Increase your vocabulary
- •4. Fill in the gaps with the words and expressions from the text
- •5. Find in the text English equivalents for the following
- •6. Explain in English
- •7. Answer the questions
- •8. Translate using all the active possible
- •Vocabulary notes
- •5. Find in the text English equivalents for the following
- •6. Explain in English
- •7. Answer the questions
- •8. Translate using all the active possible
- •Unit 10
- •Vocabulary notes
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Fill in the gaps with the words and expressions from the text
- •4. Find in the text English equivalents for the following
- •5. Explain in English
- •6. Answer the questions
- •7. Translate using all the active possible
- •Unit 11
- •Vocabulary notes
- •Assignments
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Fill in the gaps with the words and expressions from the text
- •4. Shorten the following sentences without changing their meaning, like this:
- •5. Find in the text English equivalents for the following
- •6. Explain in English
- •7. Answer the questions
- •8. Translate using all the active possible
- •Unit 12
- •Vocabulary notes
- •1. Suggest the Ukrainian equivalents
- •2. Fill in the gaps with the words and expressions from the text
- •3. Find in the text English equivalents for the following
- •4. Answer the questions
- •5. Translate into English using all the active possible
- •Unit 13
- •Vocabulary notes
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Fill in the gaps with the words and expressions from the text
- •4. Check your prepositions. Insert a suitable preposition in each of the blanks in these sentences
- •5. Find in the text English equivalents for the following
- •6. Answer the questions
- •7. Translate using all the active possible
- •Unit 14
- •Vocabulary notes
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Fill in the gaps with the words and expressions from the text
- •4. Find in the text English equivalents for the following
- •5. Give explanations in English
- •6. Read the description of drawing a circular flow
- •Find in the text English equivalents for the following
- •Draw the circular flow and describe it using all the active possible
- •7. Answer the questions
- •8. Translate using all the active possible
- •Unit 15
- •Injections
- •Investments.
- •Vocabulary notes
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Fill in the gaps with the words and expressions from the text
- •Unit 16
- •Imports.
- •Vocabulary notes
- •Assignments
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Fill in the gaps with the words and expressions from the text
- •Unit 17
- •Inflation
- •Vocabulary notes
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Fill in the gaps with the words and expressions from the text
- •4. Find in the text English equivalents for the following
- •5. Translate into English using all the active possible
- •Unit 18
- •1. Accounting and financial problems.
- •2. Falling sales.
- •3. High interest rates.
- •4. Higher costs.
- •Vocabulary notes
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Fill in the gaps with the words and expressions from the text
- •4. Find in the text English equivalents for the following
- •5. Translate into English using all the active possible
- •Unit 19
- •Vocabulary notes
- •2. Find English explanations or paraphrase
- •5. Answer the questions
- •6. Translate into English using all the active possible
- •Unit 20
- •Vocabulary notes
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Find in the text opposites to the following words and expressions
- •4. Fill in the gaps with the words and expressions from the text
- •5. Find in the text English equivalents for the following
- •6. Explain in English
- •7. Answer the questions
- •8. Translate into English using all the active possible
- •Unit 21 the role of banks
- •Vocabulary notes
- •1. Suggest the Ukrainian equivalents
- •2. Fill in the gaps with the words and expressions from the text
- •3. Find in the text English equivalents for the following
- •4. Answer the questions
- •5. Translate into English using all the active possible
- •Unit 22
- •Vocabulary notes
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Fill in the gaps with the words and expressions from the text
- •4. Increase your vocabulary
- •5. Find in the text English equivalents for the following
- •6. Explain in English
- •7. Answer the questions
- •8. Translate into English using all the active possible
- •Unit 23
- •Vocabulary notes
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Fill in the gaps with the words and expressions from the text
- •Unit 24
- •Interest rates and bond prices
- •Assignments
- •Unit 25
- •Vocabulary notes
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Fill in the gaps with the words and expressions from the text
- •4. Find in the text English equivalents for the following
- •5. Answer the questions
- •6. Translate into English using all the active possible
- •Unit 26
- •Assignments
- •4. Find in the text English equivalents for the following
- •5. Answer the questions
- •6. Translate into English using all the active possible
- •Unit 27
- •Vocabulary notes
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Fill in the gaps with the words and expressions from the text
- •4. Find in the text English equivalents for the following
- •5. Check your grammar
- •6. Answer the questions
- •7. Translate into English using all the active possible
- •Unit 28
- •4. Find in the text English equivalents for the following
- •5. Answer the questions
- •6. Translate into English using all the active possible
- •Unit 29
- •Vocabulary note
- •Assignments
- •1. Suggest the Ukrainian equivalents
- •2. Replace the parts in italics by synonyms
- •3. Fill in the gaps with the words and expressions from the text
- •4. Find in the text English equivalents for the following
- •5. Explain in English
- •6. Answer the questions
- •7. Translate Into English using all the active possible
- •Grammar
- •1. Revision of tenses
- •Going to the Pictures
- •The Little Girl and the Wolf
- •Modal verbs
- •Conditional sentences.
- •In case
- •Ex. 12 Write sentences beginning I wish … would…
- •4. Verbals ( Infinitive. Gerund. Participle I, II.)
- •Infinitive.
- •2. Infinitive with or without 'to'.
- •3. Infinitive after question words.
- •4. Negative infinitive.
- •5. Verbs normally followed by the infinitive.
- •6. Infinitive constructions
- •I want you to help me.
- •I haven’t heard anyone call me.
- •It was a brilliant day, with the sun shining exceedingly bright after the rain.
- •I found him waiting for me, with his bag in his hand.
- •Ex. 1 Gerund or Infinitive?
- •5. The sequence of tenses. Direct and indirect speech.
- •Statements
- •Questions
- •Definitions
- •Vocabulary
- •Список використаної літератури
- •Contents
Unit 28
PRIMARY AND SECONDARY MARKETS
Fixed-interest securities and ordinary shares are the main stock-in-trade of the securities markets and the Stock Exchange is the main securities market in the UK (and the New York Stock Exchange is the largest in the USA). By buying one or the other, investors are helping - directly or indirectly - to provide the finance that government or industry needs. Why "directly or indirectly"? Because the stockmarket is two markets in one: a primary market and a secondary market.
A primary market is one in which the government, companies or other bodies can sell new securities to investors to raise cash.
A secondary market is a market in which the investors can buy and sell these securities among each other. The buying and the selling in the secondary market does not directly affect the finances of government and companies. But if investors did not know they could buy and sell securities in the secondary market they might well be reluctant to put up cash for the government or companies by buying securities in the primary market when they were first issued. And the prices established by the buying and selling by investors in the secondary market help to determine the price that government and companies will have to pay next time they need to issue further securities for cash in the primary market. A reasonably liquid secondary market is normally considered vital for a healthy primary market.
VOCABULARY NOTES
stock-in-trade - товарна готівка; товар
the Stock Exchange - Лондонська фондова біржа
to be reluctant to do smth - неохоче робити що-небудь
Assignments
1. Suggest the Ukrainian equivalents
sell securities to raise cash; might be reluctant to put up cash for the government; to issue further securities for cash
2. Replace the parts in italics by synonyms
might be reluctant to put up cash for the government; directly affect the finances; are helping to provide the finance; is considered vital
3. Fill in the gaps with the words and expressions from the text
1. By buying __ and __ investors are helping to __ that government or industry needs.
2. The stockmarket is two markets in one: a __ market and __ market.
3. A primary market is a market in which the government, companies or other bodies can sell to investors to
4. A secondary market is a market in which __ can buy and sell these securities __.
5. If investors did not know they could trade securities in __ they might __ to put up cash for the government or companies by buying securities __ when they were __.
6. The prices established by investors in the secondary market help to __ the price that government and companies will have to pay next time they need to __ further securities __ in __.
7. A __ secondary market is normally considered __ for a __.
4. Find in the text English equivalents for the following
ринок цінних паперів; фондова біржа; первинний ринок; вторинний ринок
5. Answer the questions
1. What is a primary market?
2. What is a secondary market?
3. How are they interconnected?