Контрольная работа № 6 Вариант 1

Задание 1. Выберите правильный вариант ответа

Some of the basic terminology connected with ______________ includes interest rates, deposits, remittances, loans, accounts.

a) banking c) markets

b) advertising d) production

Задание 2. Выберите правильный вариант ответа

The government ____________its banking laws if it really wants to see a stable economy in Russia.

а) reviewed c) should review

b) has reviewed d) will review

Задание 3. Дополните микродиалог

We can discuss the different types of plans available. - ________________________.

а) Yes, they are, but not for retirement plans. c) Suit yourself.

b) Great. May I ask you a question first? d) Very simply.

Задание 4. Выберите правильный вариант ответа

At the age of 28 Adam Smith became a Professor of Logics at the University of ____.

a) USA c) Glasgow

b) Britain d) London

Задание 5. Прочитайте текст и определите, какой из абзацев содержит следующую информацию

а) Britain is considered to be a trading nation and an open economy

b) Net investment and gross investment

c) The increases and declines of the level of investment

INVESTMENTS

1. Investment is expenditure on productive capital goods. That is, goods which can be used to produce other goods and services. Thus, investment is usually held to be expenditure on factories, machinery and other physical assets. Investment can be categorized into net investment and gross investment. Net investment is investment, which actually increases the nation's stock of capital goods. It is such investment that enables the economy to grow. However, some investment is necessary to replace capital stock that is worn out or obsolete. This loss of value of assets is called depreciation. When this replacement is added to the net investment the total achieved is termed gross investment.

2. Investment increases the circular flow since it comprises extra spending that has not originated in the circular flow. The main influences on the amount of investment that takes place are the rate of interest and the firm's expectation about the future behaviour of the economy. If they believe the economy will boom and the level of economic activity will increase, then they are more likely to enjoy increased sales. They may well decide to invest in new machinery or in a new factory. On the other hand, if the level of investment declines the rate of growth of economic activity (or the national income) will fall. Government expenditure takes many forms. This heading covers spending by both central government and local authorities. Government spending results in an injection of funds into the circular flow. Major financial items are the provision of health and social security benefits. The latter tends to put money directly into the hands of people who need it badly and who are, therefore, likely to spend all or most of it in the near future.

3. Exports are an injection because they result in income entering the country’s circular flow as a result of the spending decisions of foreign households, firms and governments. This spending by foreign households is a loss (or withdrawal from) their domestic circular flows. Britain is a major trading nation and can be described as an open economy. It exports approximately one-third of all the goods and services it produces. The amount of the UK imports varies but over time will be roughly the same proportion. The UK's trade is recorded in the balance of payments figures, which are published monthly and then collected into annual accounts. The balance of payments accounts are split into two broad sections: the current account, which records imports and exports of goods and services' and the capital account, which records international monetary flows in and out of the UK. Exports have always been important to the UK economy and are indisputably an engine of economic growth. They provide domestic employment not only in the exporting industry but also in the industries, which supply components and raw materials to that industry. They also stimulate innovation and competition and generate a satisfying standard of living. Most of the world's most prosperous economies are successful exporters.

Задание 6. Определите вид деловой документации

а) Bill of Lading c) Telex Message

b) Contract d) Enquiry

CO-OPERATION

The Parties shall co-operate and use their best efforts and good faith in the consummation of the barter, purchase and sale transactions contemplated by this agreement.

THE AGREEMENT

"The Parties" agree to form an offshore company for the purpose of trading commodities between Russia and the rest of the world. The offshore company shall be responsible for procuring any com­modity required by "The Purchaser' at prices most favourable to "The Purchaser".

"The Purchaser" shall be responsible for acquiring raw materials, commodities and technologies which the offshore company will be required to sell at prices most favorable to "The Parties".

FINANCING

Any of "The Parties" providing finance to the offshore company shall be entitled to the prime interest rate charged by the Alma Bank in Moscow to its most favoured customer plus four percent. As soon as the offshore company has finance avail­able it must repay any loans provided by any of "The Parties" before it can declare a dividend.