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8. Поставьте вопросы к выделенным словам:

  1. In the absence of some form of money, exchange may take the form of barter.

  2. As the extent of specialisation increases, the barter system proves very inefficient.

  3. A specialist metal worker must seek out a large number of other specialists in order to obtain, by barter, the variety of goods he needs.

  4. The alternative is to change his skins for some other article.

  5. The use of money makes possible a great extension of the principle of specialisation.

  6. The use of money allows us to exchange hours of labour for an amazing variety of goods and services.

  1. The direct exchange of goods for goods would raise all sorts of problems regarding valuation.

  2. The problem of exchange rates is easily solved when all other commodities are valued in terms of a single commodity.

  3. It is a great convenience to hold wealth in the form of money.

10. The money value of wealth may fall when it is being stored.

  1. Заполните пропуски, используя глаголы, данные в скобках:

  1. Exchange may ... (to take) the form of barter, which ... (to be) to direct exchange of goods and services for goods and services.

  2. Barter ... (to serve) man's requirements quite adequately when he ... (to provide) most of the needs directly and ... (to rely upon) market exchanges for very few of the things he ... (to want).

  3. As the extent of specialisation ... (to increase) the barter system ... (to prove) inefficient.

  4. In the simplest societies each family ... (to provide) by its own efforts most of its needs.

  5. This system of exchange ... (to become) very cumbersome as economic activities ... (to become) more specialised.

  6. A specialist metal worker must... (to seek out) a large number of other specialists in order ... (to obtain), by barter, the variety of goods he needs ... (to satisfy) his daily wants.

  7. The great disadvantage of barter ... (to be) the fact that it... (to depend upon) a 'double coincidence of wants'.

  8. A hunter who ... (to want)... (to exchange) his skins for corn must... (to find), not merely a person who...

(to want) skins, but someone who ... (to want) skins and ... (to have) a surplus of corn for disposal.

  1. Ответьте на следующие вопросы:

  1. What is barter?

  2. When may exchange take the form of barter?

  3. When is barter inefficient and frustrating?

  4. What are the main functions of money?

  5. Why has it become unprofitable to hold wealth in the form of money in recent years?

  6. Why is money a perfect means of deferred payments?

  7. How does a complex trading organisation operate in a monetary economy?

11. Перескажите текст "Money".

12. Сделайте реферирование текста.

UNIT 10.

DEALING WITH MONEY.

1. Прочитайте эти цифры на английском языке.

1. 2%

2. $200

3. €27,50

4. €1,500

2. Составьте список разновидностей выплат.

3. Определите, в каком из представленных мест происходит диалог.

1. A travel agent

2. A bar

3. A currency exchange

4. A hotel

a) AI'd like to change some Canadian dollars. Is the exchange rate the same as yesterday?

В Yes, it is.

A And what’s the commision?

В It's two per cent.

A OK, can I change two hundred dollars, please?

b)СGood morning. I’d like to settle my billnow.

D Yes, sir. How would you like to pay?

С Do you take traveller’s cheques?

D I'm afraid not. We only take credit cars or cash.

С I'llpay by credit card, then. Is Visa OK?

D Visa is fine. What's your room number?

c)E Can we have the bill, please?

F Yes, that's €27.50 altogether.

E OK. Here's fifty. Sony, I don't have anything smaller.

F No problem.

E Can I have аreceipt, please?

F Sure. Here's your change, and your receipt.

d) G So, the total price is €1,500 - that includes flights, hotel vouchers, and insurance.

H That’s fine.

G I need to take a ten per cent deposit now. You can pay the balance later.

H OK, here’s my credit card.