III. Study the following words and phrases. Recall the sentences in which they are used in the text. Use them in sentences of your own.

Currency; face value; note; counterfeit; lettering; measure; content; portability; coin; personal wealth; durability; diverse; barter; stock; bill; unit of account; inflation; relative value; own; wear out; design; accumulated wealth; bond; invention; stability; issue; output; exact; savings account; medium of exchange; decrease; divisibility; fluctuate; concern; store of value; purchase; cash; irrespective (of).

IV. Replace the Ukrainian words and phrases by appropriate English equivalents. Translate the sentences.

1. Money offers one big advantage as a (засіб збереження): it is highly liquid.

2. Precious metals gradually took over because, when made into (монети), they were (портативні), (довговічні), recognizable, and divisible into larger and smaller (одиниці) of value.

3. Direct exchange of goods – (бартер) – must give way to (непрямому обміну) involving the use of (грошей).

4. (Інфляція) erodes money’s (вартість).

5. The wildly (хитка) value of money may drive business to adopt the barter tactics.

6. Electronic (валюта) no longer backed by gold in most countries is not considered by some economists to be a (засіб збереження).

7. Unit a new form of money (буде випущена), the community will devise its own form of money by using such things as cigarettes as the (засіб обміну) and (розрахункову грошову одиницю).

8. Almost every society now has a money economy based on coins and (банкноти) of one kind or another.

9. In the USA many places especially filling stations do not accept (готівку) at night for security reasons.

10. Currency has a (номінальна вартість), as do stamps and postal orders.

HRYVNIA-THE OFFICIAL CURRENCY OF UKRAINE

I. Study the vocabulary:

replace заміняти

bill банкнота

authorized bank уповноважений банк

legal tender законний платіжний засіб

to ensureзабезпечувати

forgery підробка

<== попередня сторінка	\|	наступна сторінка ==>
II. Read and translate the text.	\|	II. Read and translate the text.

Не знайшли потрібну інформацію? Скористайтесь пошуком google:

Генерація сторінки за: 0.003 сек.