- •Reading drills
- •Comments
- •Vocabulary exercises
- •II. Find equivalents:
- •III. Match the synonyms:
- •IV. Match the antonyms:
- •V. Fill in the blanks with prepositions or adverbs if necessary:
- •VI. Complete the following sentences:
- •VII. Match each term in Column a with its definition in Column b:
- •X. Translate into English:
- •Comments
- •Vocabulary exercises
- •I. Use the correct word in the sentences. Change the form
- •II. Give the Ukrainian equivalents for the following words and
- •Paraphrase the following sentences as in the pattern:
- •Say whether these statements are true or false and if they are
- •V. Answer the following questions:
- •Reading drills
- •1. Practise the pronunciation of the following words:
- •Comments
- •Vocabulary exercises
- •I. Find single words in the text for which the following words could
- •II. Say whether these statements are true or false and if they are
- •III. Change the following sentences as in the pattern:
- •VI. Answer the following questions:
- •Communicative situations
- •Grammar exercises Modal Verbs and their Equivalents Modal Verbs: can; could; be able to
- •I. Complete the sentences according to the pattern:
- •II. Ask your groupmate:
- •III. Make the following sentences interrogative and negative:
- •Modal Verbs: may; might
- •XI. Give short and full answers:
- •XII. Translate into Ukrainian:
- •XIII. Ask your teacher:
- •XIV. Translate into English:
- •Modal Verbs: must; be to; have to; have got to
- •XV. Give short and full answers:
- •XVI. Make the following sentences interrogative and negative:
- •XVII. Answer the following questions:
- •XVIII. Complete the disjunctive questions:
- •XIX. Translate into Ukrainian:
- •XX. Complete the following situation, using «be to»
- •XXI. Translate into English:
- •Modal Verbs: should; ought to
- •XXII. Translate into Ukrainian:
- •XXIII. Change the sentences using the verbs should or ought:
- •XXIV. Put «to» where necessary:
- •XXV. Translate into English:
- •Indefinite Pronoun: one. Indefinite-Personal Sentences
- •XXVI. Paraphrase the sentences using the indefinite pronoun one:
- •XXVII. Translate the sentences and define the function of «one»:
- •XXVIII. Translate into Ukrainian:
- •XXIX. Translate into English:
- •XXX. Memorize the following proverbs. Translate them into
- •Exercises for individual work
- •I. Insert may or might:
- •II. Insert can, could or be able to:
- •III. Change the sentences into the Past and Future Indefinite:
- •IV. Insert must or the present, future, or past form of have to:
- •V. Insert must not or need not:
- •VI. Put «to» where necessary:
- •VII. Insert one(s) or one’s:
- •VIII. Translate into English:
X. Translate into English:
1. Вiдповiдь на певний ряд питань допомагає визначити ринкову структуру або її природу та ступiнь конкуренцiї мiж фiрмами, якi дiють на одному й тому ж ринку. 2. До ринкових структур належать: чиста конкуренцiя, монополiстична конкуренцiя, олiгополiя та монополiя. 3. Чиста конкуренцiя — це важлива категорiя економiчних ринкiв. 4. Кожен покупець чи продавець дiє на ринку незалежно. 5. Вони залежать вiд тих сил на ринку, якi визначають цiну. 6. Урiзноманiтнюючи трохи свiй товар, фiрма може намагатися залучити бiльше покупцiв i змiнити економiчний ринок. 7. Коли таке трапляється, ринкова ситуацiя називається монополicтичною конкуренцiєю.
Text B
The term market, as used by economists, is an extension of the ancient idea of a market as a place where people gather to buy and sell goods. In former days part of a town was kept as the market or marketplace, and people would travel many kilometres on special market-days in order to buy and sell various commodities.
Today, however, markets such as the world sugar market, the gold market1 and the cotton market do not need to have any fixed geographical location. Such a market is simply a set of conditions permitting buyers and sellers to work together.
In a free market2, competition takes place among sellers of the same commodity, and among those who wish to buy that commodity. Such competition influences the prices prevailing in the market. Prices inevitably fluctuate, and such fluctuations are also affected by current supply and demand.
Comments
1. gold market — ринок золота
2. free market — ринок, вільний від обмежень; вільна торгівля
3. commodity market — ринок товарів; товарна біржа
Vocabulary exercises
I. Use the correct word in the sentences. Change the form
of the words if necessary:
-vary
1. Conditions on that market are stable and don’t __________ very much from year to year. 2. It is often difficult to classify the ______ types of economic system in the world. 3. Because prices on that market fluctuate considerably from week to week, we say that they are __________ . 4. The managers of that company hope to increase the __________ of products which they offer for sale to the public. 5. There has been little ________ in price levels over the last five years. 6. That businessman handles a very ____________ selection of products, including bananas, toys, and cars.
-compete
1. Our firm is no longer __________ in world markets. 2. This company has better products than its ___________ . 3. A loss of ___________ is usually signalled by increasing imports and falling exports. 4. Oligopolies exist because it is difficult for _________ firms to enter the market. 5. ___________ is one of the cornerstones of free enterprise.
-monopolize
1. Don’t __________ our guest — there are others who would like to talk to her. 2. In some countries tobacco is a government __________ . 3. Imperfect competition includes both _____________ competition and oligopoly. 4. At the extreme of imperfect competition is the _______ — a single supplier who alone determines the price of a particular good.