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15. Read and translate the text. Banks and business

Banks are different in different countries. Let’s speak about the banks in the United States of America. There, commercial banks are classified into two main groups. First, there are national banks. They are charted and supervised by the Federal Government. Secondly, there are state banks. They are charted and supervised by the state in which they are operated. All commercial banks can make loans to borrowers.

Major commercial banks in such cities as Tokyo, Paris, Rio cooperate with each other. In this way they finance imports and exports between countries.

An importer buys merchandise from another country using the currency of that country. For that purpose he buys this currency from the foreign exchange department of his bank. And in the same way if an exporter receives foreign money from sales to other countries, he sells this currency to his bank. By this method the currency of any country can usually be exchanged.

16. Answer the questions to the text.

1. What do all commercial banks do?

2. What kinds of commercial banks in the USA do you know? What are they called?

3. Who supervises the operations of the national bank?

4. What kind of currency does an importer generally use when he buys goods from another country?

5. What do you know about the “international exchange”?

6. What is the currency of this country called?

7. What is the exchange rate between your currency and the currency of the USA and Germany? How can you find it out if you don’t know it?

17. Fill in the gaps with the related words.

1. _______ (COMMERCE) banks are classified into two main groups.

2. _______ (NATION) banks are _______ (CHART) and _______ (SUPERVISE) by the Federal Government.

3. All commercial banks can make loans to ________ (BORROW).

4. An ______ (IMPORT) buys merchandise from another country ________ (USE) the currency of that country.

5. By this method the currency of any country can _______ (USUAL) be ______ (EXCHANGE).

18. State what part of speech the following words belong to.

1. first

a) noun b) adverb c) numeral d) adjective

2. different

a) adjective b) adverb c) noun d) verb

3. borrower

a) verb b) adverb c) pronoun d) noun

4. same

a) noun b) pronoun c) adjective d) adverb

5. usually

a) proposition b) adjective c) noun d) adverb.

19. Translate into English.

1. Оплатабудетпроизведенапутем открытия аккредитива. / Оплата буде здійснена шляхом відкриття акредитиву.

2. Если образцы удовлетворят наши требования, мы сделаем большой заказ. / Якщо зразки задовольнять наші вимоги, ми зробимо велике замовлення.

3. Он собирается установить контакты с поставщиками. / Він збирається налагодити контакт із постачальниками.

4. Менеджер вот-вот подойдет. / Менеджер ось-ось підійде.

5. Поезд прибудет в 5:30. / Потяг прибуде о 5.30.

6. М-р Браун уезжает завтра. / М-р Браун від’їжджає завтра.

7. Я попытаюсь сделать это. / Я спробую зробити це.

8. Когда она придет, то напечатает письмо. / Коли вона прийде , то надрукує листа.

9. Я собираюсь обсудить с Вами цену товара. / Я збираюся обговорити з вами ціну товару.

10. Как будет производиться оплата? / Як буде здійснюватися оплата.

11. Когда он приезжает в Киев? / Коли він приїжджає до Києва?

12. Я подготовлю письмо. / Я підготую листа.