Ex. 5. Work on vocabulary and grammar.

Date: 2015-10-07; view: 589.

Ex. 4. Sum up the content of the main dialogue.

Eх. 3. Say in a few words what the main text is about.

EXERCISES

Ex. 1. Answer these questions:

A. 1. In what ways are individuals affected by international monetary developments?

2. What is the international monetary system?

3. What is the international monetary system concerned with?

4. What are the international monetary relations governed by?

5. What are the major international monetary institutions?

6. Is the international monetary system afflicted with problems?

B. 1. What facility has been granted to Russia?

2. What is characteristic of all adjustment programmes supported by the IMF? ,

3. What safeguards have been built into the Russian programme to eliminate its risks?

4. Does the IMF take into account political developments in the countries it supports?

5.Has the EFF been granted to Russia on exceptionally favourable terms?

Ex. 2. Give derivatives of:

a) Study the key words of the unit in the dictionary at the back of this book:

adjustment, balance of payments, exchange rate, trade, parity, disequilibrium;

b) Think of the verbs that are most commonly used with:

payments, transaction, monitoring, inflation, project, misadjustments, balance, subscription, loans, fiscal issues;

c) Think of the nouns that are most often used with:

to govern, to set up, to found, to establish, to negotiate, to support, to correct, to assist, to draw, to maintain, to relieve, to consult, to repay, to envisage, to stipulate, to specify;