Практическое задание 4

Exercise 1: Translate into Russian the following sentences. Mind the difference in the meaning of the word one.

1. In a small country like the UK where there are strong trade unions, one should not expect to find any very great differences in regional wage rates.

2. One cannot draw any conclusions about the effect of a price change unless one knows the cause of the price change.

3. One can see that a fall in price may be associated with an increase or decrease in quantity demanded – it all depends upon what caused the price change.

4. Normally, this period will be a very short one.

5. An increase in the demand for wool by one industry will raise the price and affect the prices of all the other commodities made from wool.

6. Lead and zinc are found in the same ore so that the extraction of one leads to the extraction of the other.

7. One very important example of his relationship is to be found in the transport industry.

8. Where commodities are in joint supply an increase in the demand for one of them will cause a fall in the price of the other.

9. In a perfect market, there will be one and only one market price which is beyond the control of any one buyer or any one seller.

10. At one time most of world’s nickel was obtained from a certain area in the Rockies.

11. One often hears complains from workers in different industries that they “have lost out in recent wage settlements”.

12. As one should expect, total output is much greater when the countries specialize.

13. According to many employers older workers are more reliable and loyal than younger ones.

Exercise 2: Translate the following sentences, paying attention to the words “that/those”.

1. Although there are more male births than female births, the number of females in total population exceeds that of males.

2. These rates are higher than those in most Western European countries.

3. The most widely used indicator of monopoly power is that of the market share.

4. Unofficial strikes are those which do not have full support of trade union.

5. The rate of savings in rich countries is much higher than that in poor countries.

6. The aim of monetary policy are the same as those of economic policy generally.

7. This is due to the greatest element of risk and the fact that administrative cost of small loans are proportionally greater than those for larger loans.

8. The most common definition of an industry is that used in official statistics which groups firms into industries according to physical and technical properties of their principle products.

9. The selling costs of the larger firm will be much greater than those of smaller firm.

10. Internal economies of scale are those which arise from the growth of the firm independently of what is happening to other firms.

11. The separation of ownership and control in the modern corporation results in potential conflicts between owners and managers since the objectives of management may differ from those of the shareholders.