2015-03-08
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arrangement – зд. механизм
currency market – валютный рынок
commodity market – товарный рынок
transaction – сделка
supply – предложение
demand – спрос
allocation – распределение
to evaluate – оценивать
liquid assets – ликвидные активы
bond market – рынок облигаций
futures market – фьючерсный рынок
futures – фьючерсные сделки
7. Give Russian equivalents:
institution, human community, illegal market, to influence price, tradable item, delivery of goods, prediction market.
8. Choose words from the list to fill in the gaps, then use them to make sentences:
geographic, market, tradable, liquid, commodity, human
| 1. _____ markets | 4. _____ communities |
| 2. _____ item | 5. _____ scale |
| 3. _____ assets | 6. _____ participants |
9. Fill in the gaps with the words and expressions from the text:
1. A market is an arrangement that _____.
2. A market is any structure that allows _____ to exchange any types of goods, services and information.
3. Markets allow any _____ to be evaluated and priced.
4. Most investors prefer investing in two markets: _____.
5. Currency markets are often used for _____ on currency exchange rates.
10. Answer the questions:
1) What is a market?
2) How do markets vary?
3) What is a transaction?
4) Who are market participants?
5) What are the functions of a market?
6) What markets facilitate the exchange of liquid assets?
7) What is a futures market?
8) What are currency markets used for?
9) What is the money market?
10) What is a prediction market?
Talk about a market and types of markets.
Unit 8
Business travel
1(13). Listening. Listen and practice.
Business today is international. Business people often have to travel a lot. They have to plan an itinerary for a foreign business trip to make good use of their time. On a business trip people may meet colleagues and business partners for the first time. It is usual for colleagues from different countries to experience cultural differences. In other words, they may be surprised by foreign social conventions, that is the different ways that other nationalities or different cultures do things.
Discuss the questions.
1. When did you travel last?
2. Where did you go? How did you get there?
3. Where did you stay?
