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Востока и Запада.

4.Меня беспокоит финансовое положение компании.

5.Ты слишком много тратишь денег на косметику.

6.Ваша просьба пройти специализацию в американском колледже не может быть удовлетворена.

Ex. 6. Discuss problems mentioned in the text in the form of a dialogue. Use your active vocabulary:

1.The manager is interviewing you, asking about the reasons to apply for the job of an economist.Try to produce a good impression on him.

2.You are having a hard time, having no money. Who will you turn to for help?

3.Jack of all Trades is a master of none. (You can't be good at many things, so you'd better learn one properly).

Warm up. What do you know about investment?

Text VI. Different Types of Investment

Read and translate the text

This text is about how to make your money earn more money for you by investing it.

You may put your extra money to work so that in the long run it will earn a good return for you - either in the form of a regular income from dividends or in the form of a profit resulting from growth in value or combination of both.

You can invest your money into a savings bank. But you have to realize that a savings account provides no protection against the unseen risk of inflation.

You can invest your money into real estate. As a rule real estate prices rise if the prices of other things do. So here you can find protection against inflation. But the taxes you pay, while you own your property can eat up your potential profit. Here the evident risks are very great. If you own your own shop you should know that too many errors may occur: accidents may happen, usually of hurry and lack of sufficient supervision and mistakes in carrying out orders may creep in.

Finally you can invest your money into stocks and bonds. They say that the everage stock pays a better return and provides a better balance of protection against the evident and unseen risks than any other form of investment.

You can also invest into Commodity Exchanges, auctions and tenders. Commodity Exchanges deal with raw materials and some items of produce, such as

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cotton, wheat, vegetables, oils, etc. In Great Britain you can take part in sessions at the London Metal Exchange, the London Commodity Exchange, dealing in cocoa, rubber and sugar, the Liverpool Cotton and Corn Exchanges or the Bradford Wool Exchange.

The goods like fur and tea, bristles and spices whose quality varies from year to year, from lot to lot cannot de accurately graded and are sold at auctions according to sample. Before the auction begins, the lots are inspected by future buyers and then sold to the highest bidder.

Trade by tenders is frequently used in developing countries for construction work or for delivery of goods. General terms and conditions of the future deal are announced beforehand and the contract is given to the suppliers who offered the lowest price and the most favourable terms.

Unit 6

Active Words and Word Combinations: earn (v), in the long run; return (n), either ... or, realize (v), own (v), evident (a), provide (v), account (n), regular (a), creep in (v), Commodity Exchange, a bidder(n), a tender(n).

Ex. 1 Arrange synonyms in pairs:

a return, to realize, in the long run, to earn money, to own, evident, to provide, to make money, a profit, to understand, at the end, to possess, visible, to promote.

Ex. 2 Arrange antonyms in pairs:

to earn money, a return, unseen, to rise, either ... or, to realize, visible, to drop, a loss, to spend, money, neither ... nor, to misunderstand.

Ex. 3 Fill in the gaps using your active vocabulary:

1.I came here willing ... money.

2.She said she would contact me, but she ... wrote ... phoned.

3.He is an excellent book-keeper, his ... are always in order.

4.I got up too late this morning and .... I didn't have time to wash or have breakfast.

5.Your new hotel is a great project, it's ....

6.My stocks paid a better .... I knew it for sure.

Ex.4 Translate into Russian:

1."That's a good return", - said Mr. Smith.

2.Either music or art have much in common as universal means of communication.

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3."I believe neither in Marxism nor in the Christian God", - he said.

4.The similarity between him and his father was evident.

5.What made you earn money in such a strange way, I don't know.

6.To sell a real estate isn't a wise decision, but let it go.

7.The bonds provide a protection against inflation.

Ex. 5 Translate into English:

1.Ни кино, ни телевидение не могут сравниться с театром.

2.Вы должны понять, что мы рассматриваем эти переговоры как шаг к сотрудничеству.

3.Ты бы мог, в конце концов, сам упаковать свои вещи!

4.Кстати, я уже говорил тебе, что буду владеть недвижимостью?

5.К моему глубокому сожалению, у неё не было счёта в банке.

6.Он думал только о своей компании и прибыли.

7.Вам придётся обеспечить эту семью всем необходимым.

Ex. 6. Discusse problems mentioned in the text in the form of a dialogue. Use your active vocabulary:

1.Your friend is interested in what way you are going to earn money. Giving details is not very good, keeping silent is rude.

2.To invest money effectively we must choose the way which will protect it from inflation.

3.The young people aren't as intelligent as their parents used to be at their age, they are too practical.

REVISION ( Units 4-6 )

Paraphrase the following sentences using the words and word combinations from units 4-6.

1.It's clear that this man imports goods secretly evading customs duties.

2.He possessed a real estate in different countries.

3.I am standing my ground, I won't help his company.

4.This animal originated from India.

5.A person must choose between a job or education.

6.There is not a chance of getting a good profit out of this deal, I guess.

7.She really treated him cruelly, but he didn't notice it.

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PART II. SHOPPING AND COOKING

Read and translate the text

Текст A. At the Trading Centre

There are many kinds of shops catering for needs of the population. You can go shopping to small food stores: the grocery store, store of dairy products, butcher's, bakery, greengrocer's, fishmonger's, candy store.

But many people prefer to shop in large stores —trading centres and supermarkets. Supermarkets sell more than just food. Many sell items for the car, household goods, cosmetics and cigarettes. Some sell books, medicines and flowers.

When you come into the supermarket, you have to take a food basket or a shopping cart to put all the products you buy.

All the necessary foodstuffs can be bought here: meat, fish, milk, grocery, backed items, sweets, smoked foods, vegetables and fruit.In the meat department the customers can buy beef, pork, mutton,, poultry and game.

There is always a rich choice of fish there: live carp, pike, bream and sheat fish. There is much fresh-frozen fish: perch, cod, plaice and some other like pike-perch and sturgeon.

In the grocery department you can see all kinds of cereals: oatmeal, semolina, rice, buckwheat,, pearl barley. You can buy, spices, flour, pea, potato flour, salt, oil, macaroni,i, noodles and some other products. Everything is sold in ready packets.

You go to the dairy counter to buy milk products. There is always a wide choice of them: milk in bottles and packets, cream, kefir, cheese, curds, cottage cheese, cream cheese, mayonnaise, margarine and butter. Most often eggs are sold in the dairy department too.

At the bread counter you take loaves of brown (rye) or white (wheat) bread, rolls and buns.

There is a big choice of items in the confectionery: sugar, caramel, sweets, chocolates,, biscuits, pastry, jam puffs, fruit cakes, wafers, marmalade and also tea, coffee, cocoa.

Next to it is the delicatessen counter (deli) which offers you all kinds of sausages: boiled, half-smoked and smoked, liver paste, ham, pork with spices , tinned beef and pork.

The green grocery looks very attractive. Here you can buy fresh, tinned and dried vegetables, fruit and greens. Juicy pears, apples, grapes, oranges, tangerines, bananas, pineapples are sold in every season. In spring and summer the shop has a great variety of berries: cherries, raspberries, black and red currants, gooseberries. In

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