Agreement in 1946. This fixed the value of all world currencies relative

The end of the gold standard began with the introduction of the

Terms of a quantity of gold.

Were interconnected through their particular definition in

Names in different countries, but all these supposedly different currencies

That there was a single world money. It was called by different

Standard had spread around most of the trading worid, with the result

Grains of pure gold. By the end of the nineteenth century the gold

Of anything changes with time and circumstances.

As a unit of account. Money is difficult to define, because the value

The most difficuh aspect of money to understand is its function

Money as a Unit of Accoimt

Consider, cease, cash, withdraw, bank account.

Expensive

Comparable

Reducible

Adjective

Comparison

Payment

Expenditure

Noun

Differ

Educate

Verb

J. money

I. credit

H. interest

G. opportunity

Pay

Expand

Spend

Meet f. information

Make e. investments

Gather d. needs

Offer b. services

Finance а. money on

А В

А и существительных из колонки В.

Фразы.

For about two years. 8. Then they will fall slightly. 9. It is

The company is growing very quickly. 7. We expect sales to increase

Have risen considerably. 5. Our turnover has gone up this year.

This came after a dramatic fall last year. 4. Profits

Our company is doing well now. 2. Sales have increased dramatically.

По значению словом или словосочетанием.

Expenditure.

Expenditure is spending or using money, for example, government

There will be a slow fall (decrease) in taxes.

Taxes will fall (go down, decrease) slowly.

There will be a sharp rise in inflation.

The government will raise taxes.

A trend is a change or movement of prices, profits, sales,

etc. To describe a trend we can use the following expressions:

Taxes will rise (increase, go up) by 2 % (or to 28 %).

Prices are up by 5 %; profits are down by $2 million.

Inflation will probably remain stable at around 3 %.

Упражнение 2. Замените выделенные слова и словосочетания близким

necessary to spend more money on R&D (Research and Development).

Уш|1ажненше 3. Заполните пропуски, образуя составные слова или общеизвестные

healthy...... and loss credit...

... stability interest...... return

break...... materials account...

economy in... tax... productivity...

turn... over...

Упражнение 4, Составьте возможные словосочетания глаголов из колонки

3. provide with с a profit / loss

9. lend/borrow

Упражнение 5. Заполните таблицу на словообразование.

Упражнение 6. A. Прочитайте текст и постарайтесь догадаться о значении

следующих слов и словосочетаний: unit of account^ value, grains, print,

Sir Isaac Newton defined the pound steriing (£) in 1717 as 113

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