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  1. Suggest Ukrainian equivalents:

    • total spending;

    • key industries;

    • the value of a nation’s output;

    • to direct the production towards goods and services;

    • to relate to the level of activity in the economy;

    • the quantity supplied of a good depend on.

  1. A) Read and translate the text in a written form:

STOCKS AND MARKETS

Stock Markets are the means through which securities are bought and sold. The origin of stock markets goes back to medieval Italy. During the 17th and 18th centuries Amsterdam was the principal center for securities trading in the world. The appearance of formal stock markets and professional intermediation resulted from the supply of, demand for and turnover in transferable securities. The 19th century saw a great expansion in issues of transferable securities.

The popularity of transferable instruments as a means of finance continued to grow and at the beginning of the 20th century there was an increasing demand for the facilities provided by stock exchanges, with both new ones appearing around the world and old ones becoming larger, more organized and increasingly sophisticated.

The largest, most active and best organized markets were established in Western Europe and the United States. Despite their common European origins there was no single model which every country copied.

b) Answer the following questions:

    1. What are stock markets?

    2. What do you know about the origin of markets?

    3. What are the largest stock markets in the world?

      1. A) Open the brackets using Present Simple, Present Continuous, Present Perfect or Present Perfect Continuous:

  1. In September they (to be) married for ten years.

  2. We let you know when Nick (to phone).

  3. At seven o’clock he (to drive) for nine hours.

  4. You (to have) a house-warming when you moved in?

  5. Our friends (to dance) for an hour when we came to disco.

b) Choose the necessary form of the Participle:

  1. The price of compressors (quoting/quoted) by the firm is very high.

  2. Did you take part in the talks which were (held/holding)?

  3. Not (knowing/knew) their new address we couldn’t send them an offer.

  4. I am not satisfied with the mark (getting/got) at the exam yesterday.

  5. Who is that man (run/running) the programs on the computer.

    1. Translate into English:

      1. Наш комерційний директор вже як 2 години перевіряє дані, які надав йому помічник.

      2. Вони зацікавлені в тому, щоб продати акції та цінні папери компанії.

      3. В каталозі, який ми додаємо до нашої продукції ви можете побачити, що нова удосконалена модель принтеру задовольняє всі вимоги покупців.

      4. Він не схвалює факту проведення переговорів завтра.

      5. Ти повернеш мені свій борг,

    1. Can you suggest any other solutions to the currently existing high rates of unemployment and temporary work? term II