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Латыгина Базовый курс економики на англ.doc
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Exercises in Comprehension Ex.1. Answer the following questions:

  1. What is the bank?

  2. What is banking?

  3. What types of banks exist in most countries?

  4. What functions do central banks perform?

  5. What kind of institution is a commercial bank?

  6. What is the difference between a national bank and a commercial bank?

  7. Who are the clients of a merchant bank?

  8. What do merchant banks specialize in?

  9. What are investment banks?

  10. What is characteristic of a savings bank (as opposed to a merchant bank)?

  11. What are the potential advantages of large banks?

  12. What is the Federal Reserve System?

Ex.2. Translate into English:

  1. Банк – це установа, яка має справу з грошима та надає різні фінансові послуги.

  2. Банківська справа – це бізнес, яким займається банк.

  3. Нацбанк України піклується про державні фінанси та монетарну політику.

  4. Центральні банки відповідають за емісію грошей.

  5. Головна мета комерційного банку – одержання прибутку.

  6. Торговельний банк надає послуги компаніям. Він не працює з населенням.

  7. Інвестиційний банк – це фірма, яка контролює випуск нових цінних паперів.

  8. Ощадний банк спеціалізується в наданні таких послуг, як ощадні рахунки.

  9. Комерційні банки – це головна ланка в кредитній системі держави.

  10. Федеральна резервна система, яка включає 12 федеральних банків та їх філії, контролює американську державну банківську систему.

Ex.3. Sum up what you remember about:

  1. banking

  2. different types of banks and their functions

Grammar Revision

Comparison of Adjectives

  • We add –er to one-syllable adjectives to form the comparative and –est to form the superlative

Demand for our computers is high in Egypt, higher in Turkey but the highest demand is in Russia.

  • We add –ier and –iest to adjectives ending in –y

wealthy – wealthier – the wealthiest

  • We add more/less and the most /the least to two or more syllable adjectives

important – more/less important – the most /least important

  • There are “irregular” comparatives and superlatives

good – better – the best

bad – worse – the worst

far – farther/further – the farthest/furthest

old – elder – the eldest (for family members only)

  • We use than to compare two or more things

The CD is more expensive than the cassette.

E

Fast, easy, modern, big, high, slow, expensive, hard-working, cheap, punctual, complicated, good, useful, happy, low, responsible, bad, reliable, comfortable, hard, experienced, far, important, exciting, wealthy, large, thin, tidy, tiring, honest, reasonable.

x.1. Divide the adjectives in the box into groups according to how the comparative and the superlative are formed.

Ex.2. Use adjectives from the box and write sentences comparing your country and some other countries. Use both comparative and superlative adjectives. Write at least five sentences.

Ex.3. Complete these sentences, using the correct form (comparative or superlative) of the adjectives in brackets.

  1. Our profit is (big) than our competitors’.

  2. He is (qualified) than the previous accountant.

  3. She is much (experienced) than her friends.

  4. This device is (cheap) of all.

  5. She is (young) in our department.

  6. This is one of the (reliable) banks in Ukraine.

  7. The situation in the market is getting (difficult).

  8. You have got the (small) office.

  9. Money has always been the (important) thing.

  10. The prices for this product are (high) here.

  11. I hear you were having problems last year. Is your business (good) this year?

  12. I am so happy. This is (good) news I’ve heard for ages!

  13. That hotel was very cheap. I expected it to be much (expensive).

  14. If you need any (far) information, please contact our bank.

  15. It was (bad) experience in my life.

  16. This is (difficult) decision I’ve made for years.

  17. The quality of our product is rather high, but we must make it still (high).

  18. This company’s products are (expensive) on the market.

  19. This supermarket offers (low) prices than any other local supermarket.

  20. We were disappointed as the presentation was (successful) than we expected.

  21. The banking system of Ukraine is becoming (dependent) on global processes.