II. Read and translate into Russian the following international words and word combinations. Make up sentences using them.

I. Study the list of topical vocabulary to avoid the difficulties in understanding the text of this unit. Consult a dictionary to pronounce the words correctly.

WRITING BUSINESS LETTERS

UNIT 3

XXI. Answer the following questions.

XX. Complete the sentences with the information from the text.

1. Economic system is a set of methods ….

2. It is usual to group all economic systems into ….

3. Market economic system is also called …, laissez-fair or ….

4. Private property states the right to own, control, and income from natural and man-made resources (… etc).

5. Competition is the process in any market regulated by the law of ….

6. There is no country with pure market economy because state authorities always ….

7. Command economy, or planned economy, is connected with significant ….

8. Mixed economy is a result of the increasing … in capitalist countries.

9. Countries operating in mixed economies combine the elements of … and the principles of ….

1. What problems does any economic system focus on?

2. What is the main difference of the economies mentioned above?

3. What does the term command economy mean?

4. What kind of economic system is opposed tocommand economy?

5. What type of economic system is the most widespread? Why?

6. What countries operate(d) in market (command, mixed) economy?

7. What economic system is there in Russia? Give your arguments.

8. How do you explain the increasing significance of mixed economy?

XXII. Speak on the topic “Economics as a Science” according to the plan:

1. definition of economics

2. subject matter of economics

3. scientific research in economics

4. types of economic systems

5. significance of economics as a science.

Body of the letter – текст письма

complimentary close – заключительная формула вежливости

correspondence _n – переписка

correspondent _n – получатель

double space – двойной интервал

enclosure _n – приложение

greeting _n – приветствие

inside address – внутренний адрес

message _n – сообщение

paragraph _n – абзац

(introductory paragraph – вводный абзац

main paragraph – основной абзац

concluding paragraph – заключительный абзац)

printed company form – фирменный бланк

sender’s return address – обратный адрес отправителя

signature _n – подпись

subject line – тема письма

Normal business activity, telephone number, e-mail address, communication, personal contacts, international, business correspondence, standard, personal signature, company logo, address, to address, to stress, style, natural, author, position, punctuation, abbreviation, catalogue, copy of cheque, certificate, contract, document.

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