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Vocabulary

  1. according to – в соответствии с, согласно

  2. below – внизу, ниже

  3. clause – пункт контракта

  4. divisible – делимый

  5. to draw up (drew, drawn) – составлять

to draw up a contract

an agreement

a document

an offer

  1. certificate of weight – свидетельство о весе

  2. to conclude a contract – заключить контракт

to conclude a contract for the following – заключить контракт о нижеследующем

  1. to confirm – подтвердить

confirmed – подтвержденный

  1. to cover – покрывать, охватывать

to cover expenses

a subject

a programme

  1. hereinafter refered to – именуемый в дальнейшем

  2. hereby agree as follows – договорились о следующем

  3. extention – продление

  4. invoice – счет-фактура, накладная

  5. Letter of credit (L / C) – аккредитив

  6. option – выбор, право выбора

  7. to open Letter of credit – открыть аккредитив

  8. terms of payment – сроки оплаты

  9. delivery – доставка

  10. insurance – страхование

II курс

2 семестр

КОНТРОЛЬНАЯ РАБОТА № 2

ЧАСТЬ 1

Electric motors

I. Прочтите письмо.

Roxexport July 10, 20...

Dear Sirs,

Following the meeting that has taken place in Moscow between Mr Kozlov and our Mr Brown, we now understand that we are ready to deliver electric motors for the UK.

In this connection we have prepared a list of our requirements enclosed herewith covering a total of ... motors for the total value of ... which we now place as a firm order on the following basic conditions:

1. Subject to detailed discussion of terms, you will grant us exclusivity on the UK market for Russian Electric Motors for a period to be determined in negotiations but to be not less than initially three years.

2. We shall receive your motors on the basis of consignment and will pay for them when they are actually sold to the UK consumers. For this purpose we shall remit the money within 30 days upon sale.

3. The period of consignment will be not less than two years, a condition which may be varied subsequently.

4. The shipment of these motors will be effected by you during the first quarter, 19... although you have the option to ship earlier if you so wish.

Please confirm to us by telex the acceptance of the order as it stands at the moment, which will enable you also to place this order with your factories.

Yours faithfully,

...

II. Напишите ответы на следующие вопросы:

  1. Why did the agent want the right of exclusivity for a minimum of 3 years initially?

  2. Would the period of consignment be cut or extended in the future? What would it depend on?

  3. Would Rosexport agree to the delivery schedule offered by the agents? What would influence their decision?

III. Напишите ответное письмо на английском языке, выразив свое мнение на условия фирмы.

IV. Переведите письменно следующие предложения с англий- ского на русский язык, подчеркнув формы глагола в Passive Voice (страдательный залог), предварительно повторив Тему 2, раздел 2.1 Практикума.

1) The uncontrolled policy of the Central Bank of Russia, for instance, the money minireform which was carried out on July 25, 1993, and the lack of connections between various decisions demonstrated the weakness of the former bank on a macroeconomic level.

There has appeared in Russia a whole galaxy of about 3,000 so-called commercial banks. But many of them are not private institutions; they were simply established by old specialized banks and major state enterprises.

2) While similar problems are observed in Poland, Hungary and former Czechoslovakia, they assume a particularly great scope in Russia because of the immense number of commercial banks.

3) It is also necessary to stimulate competition within the banking system. This question is being broadly discussed in Russia since it is linked with the role of foreign banks in the country.

4) Russian banks fear the appeareance of foreign branches not because the number of their clients will be sharply reduced but because they do not want to lose immense bank margins.

5) These margins are formed out of greatly exaggerated basic services offered to clients.

6) The system of settling accounts should be simplified.

V. Прочтите текст и выпишите из текста предложения, в которых употребляются придаточные предложения, опре- делите виды придаточных предложений; переведите письменно выписанные предложения. Прежде чем выпол- нять это упражнение, повторите Тему 1 Практикума.

Adam Smith was born in 1723, and was a student at Glasgow University in Scotland from 1737 to 1740, when John Kay invented the flying shuttle. Between 1764 and 1766, Smith toured Europe as the tutor of the Duke of Buccleuch, the ancestor of the man who is still Britain’s largest private landowner. While in France Smith met Voltaire and was greatly influenced by a group of philosophers known as the physiocrats, who believed that governments should not interfere in the natural course of things.

On his return from France, Adam Smith sat down to write his great book.

The full title Adam Smith gave to his book was «An Inquiry into the Nature and Causes of the Wealth of Nations». It’s stated aim was to discover the causes of an increase in national wealth (i.e., what drives what we now know as economic growth).

The first key question the book addresses is what is wealth? When Smith was writing, wealth equalled bullion, gold and silver. The conventional aim of government policy was to create the largest possible trade surplus through manipulating tariffs on imports and subsidies on exports, so that the nation’s surplus of money increased. This approach Smith called the «mercantile system of political economy». He then went on to explain, forcefully, why the supporters of this system were wrong-headed.

This fundamental mistake of mercantilism, Smith wrote, was the view that national wealth consists in money. Real wealth is measured by the availability of consumable goods and the labour which produces them. An increase in wealth equals an increase in goods, and plenty means cheap goods. Anything that restricts the availability of goods reduces a nation’s wealth. National wealth can only increase as trade does between and within nations. For trade to grow you need a market, and how the market works is the core of Smith’s book.

What makes markets such formidable creators of wealth is that they encourage the division of labour and specialisation. Smith illustrates this point with an example «from a very trifling manufacture» – making pins. Working in a subsistence economy, where each person is forced to make everything he or she will use, one person «could scarcely make one pin a day, and certainly could not make 20».

But in a modern economy the whole process is divided into a number of stages. «One man draws out the wire, another straightens it, a third cuts it, a fourth points it, a fifth grinds it at the top for receiving the head; to make the head requires two or three distinct operations; to put it on is a peculiar business; it is even a trade by itself to put them into the paper; and the important business of making a pin is, in the manner, divided into about 18 distinct operations». Working together in this way, ten men equipped with poor machinery could make 48,000 pins in a day.

An effective market economy – and the civilised society that it supports – depends on a network of co-operation that is neither planned nor directed by a political power. The operation of market forces, like the division of labour, brings great benefits to society and raises the standard of living, but this benefit cannot be planned. Buyers and sellers in a market are motivated almost solely by self-interest, but serve the public interest without having intended it. If the seller is the sole producer of a popular product, he will push its price up as high as the market will bear. But a high price will attract rival producers. Once their goods are available in the market, the price will naturally fall. Thus the market is a self-regulating mechanism guided not by a government, but by what Smith called «the invisible hand».

VI. Прочтите текст и переведите его на русский язык в пись- менной форме.