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Ex.2. Complete the sentences using double comparatives (…er and …er, more and more …).

  1. As he waited for his first negotiations, he became … (nervous).

  2. It’s becoming … (difficult) for me to make such decisions.

  3. Our financial situation is getting … (bad).

  4. Hotels are getting … (expensive).

  5. Our transactions are becoming … (unprofitable).

  6. As the conversation went on, she became … (confused).

  7. The queue in the supermarket was getting … (long).

  8. Price differences in different countries of the Euro zone are becoming … (obvious).

  9. It’s becoming … (hard) to find a job in small towns.

  10. My business is getting … (profitable).

Ex.3. Complete the sentences with expressions from the box. Use the … the.

cheaper/better, bigger/wider, more comfortable/higher, higher/better, longer/less, more/less, longer/angrier, older/more impatient, faster/more profitable, more/more.

  1. The … money you earn, the … you waste.

  2. The … you improve the quality, the … your business will become.

  3. The … he gets, the … he becomes.

  4. The … he waited for his boss, the … he became.

  5. The … shares you buy, the … profit you make.

  6. The … I work in this company, the … I like it.

  7. The … the price, the … the quality of the product.

  8. The … the car is, the … price is.

  9. The … a department store is, the … the choice is.

  10. – Are you looking for an expensive flat?

– No, the … the ….

Speech and Discussion

Ex.1. Speak about the Euro. What is special about this currency?

Ex.2. The Euro introduction in the EU is a part of the program of European countries’ integration. Will this facilitate the activity of Ukrainian businessmen in the Euro zone?

Ex.3. What do you think will happen to the exchange rate between the hryvnia and the Euro in the next few years?

Ex.4. Familiarize yourself with the following idioms. Consult your dictionary and translate the sentences into Ukrainian. Think of situations where you could use them.

  1. We see eye to eye on the matter, so let’s sign a contract.

  2. Instead of firing him, the company let him quit to save face.

  3. He fell down on the job and didn’t complete his assignment on time.

  4. The owner made a fast buck by selling his business before it failed.

  5. He’s crazy to think we will work on Sundays for chicken feed.

Ex.5. Comment on the following:

“A business cannot afford conscience.”

(Anonymous)

TEST 6 (UNIT VI)

Choose the word or word combination to match the definition.

1. A charge paid to a person or a bank for the money borrowed.

a) loan

b) interest

c) rent

2. Illegally giving someone money so that they act in your favour.

a) racket

b) money laundering

c) bribery

3. A book that lists all payments into and withdrawals from a customer's bank account.

a) bank statement

b) bank book

c) bank deposit

4. The most important bank in a country that controls a nation's policy on money and interest rates.

a) development bank

b) major bank

c) central bank

5. A bank that specializes in raising capital for industry.

a) savings bank

b) merchant bank

c) national bank

6. An account with a bank for personal savings.

a) savings account

b) capital account

c) correspondent account

7. The central banking system of the USA.

a) Commercial Bank

b) National Bank

c) Federal Reserve System

8. A system of making payments by having money transferred from an account.

a) direct mail

b) direct debit

c) direct export

9. A customer's instruction to a bank to pay a certain amount to another person or organization at regular intervals.

a) standard rate

b) statement of account

c) standing order

10. A free trade association with a common currency and unrestricted movement of capital goods and people between countries.

a) firm market

b) single market

c) profitable market

11. The unit of currency of the European Union.

a) dollar

b) euro

c) pound

12. The coins and banknotes that belong to a particular country.

a) benefit

b) currency

c) transaction cost

13. Money that can be exchanged for the currency of another country.

a) convertible currency

b) counterfeit currency

c) controlled currency

14. A group of countries in Europe working to create a stronger world market for European goods and services.

a) European Commission

b) European Union

c) United Nations

15. The amount of money that a person, an organization or a country has to buy goods and services.

a) active power

b) economic power

c) purchasing power

16. The amount of money spent on a piece of business done.

a) actual cost

b) transaction cost

c) contract cost

17. An agreement with a company in which the company will pay for a loss or accident in exchange for regular premiums (payments).

a) insurance

b) installment

c) insulation

18. A large amount of money, goods or property.

a) value

b) wealth

c) cost

19. Disguising the criminal origin of money such as drug money.

a) money order

b) money supply

c) money laundering

20. Change for small purchases.

a) near money

b) pocket money

c) cheap money