VIII. Underline the correct words.
1. If you will sell / sell more than you did last year you will earn more
money.
2. I would buy shares in that company if I would have / had some money.
3. Things are going well, and if we make / will make money this year, we
will reinvest it in the business.
IX. Translate the sentences from English into Russian
1. The market where employers buy workers' service for wages is called the
labour market.
2. One of the trade-offs we have to make in our lives is to find the right
balance between work time and leisure time.
3. Natural limits such as sleep and rest bring down the possible number of
working hours. We need some time to switch off from work, which also
decreases working time.
4. If the hourly rate increases, people want to work longer hours. This is
called the substitution effect. But the effect also has a limit.
X. A. Read this text
International Finance
International Finance is an important part of financial economics. It mainly discusses the issues related with monetary interactions of at least two or more countries. International finance is concerned with subjects such as exchange rates of currencies, monetary systems of the world, foreign direct investment (FDI), and other important issues associated with international financial management.
Like international trade and business, international finance exists due to the fact that economic activities of businesses, governments, and organizations get affected by the existence of nations. It is a known fact that countries often borrow and lend from each other. In such trades, many countries use their own currencies.
The World Bank, the International Finance Corporation (IFC), the International Monetary Fund (IMF), and the National Bureau of Economic Research (NBER) are some of the notable international finance organizations.
International trade is one of the most important factors of growth and prosperity of participating economies. It helps understand the basics of all international organizations and keeps the balance intact among them. International finance organizations, such as IMF, the World Bank, etc., provide a mediators’ role in managing international finance disputes.
The very existence of an international financial system means that there are possibilities of international financial crises. This is where the study of international finance becomes very important. To know about the international financial crises, we have to understand the nature of the international financial system. Without international finance, chances of conflicts and thereby, a resultant mess, is apparent.
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B. Mark the sentences a) T ( True )
B) F ( False)
C) NG ( Not Given )
1. International trade is one of the most significant factors of development and richness of participating economies.
2. The very existence of an international financial system means that there are possibilities of regional financial crises.
3. A national account is a major account with a nationwide business.
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