II. Translate the following word-combinations.

1) Обменять товары, 2) разные страны, 3) зависеть от страны, 4) продавать товар другим странам, 5) покупать товары, 6) правительство может контролировать, 7) обычные меры, 8) максимальное количество, 9) период времени, 10) поднять цены, импортируемые товары, 11) защищать товары, 12) иностранный рынок, 13) работать с местными экспертами, 14) специальное знание рынка, 15) дать разрешение, 16) организовать совместное предприятие.

III. Answer the following questions:

1. What is international trade?

2. What international organisations do you know?

3. What is export? What is import?

4. What are the measures to control international trade?

5. What is a tariff? What is a quota?

6. What are the main reasons that nations trade with each other?

7. Give the examples of trading between the countries.

8. What does international trade allow countried to do?

IV. Complete this text about free trade by completing sentences 1-6 with a-f below:

1 Free trade exists when goods can be sold freely and flow between countries...

2 Protectionism is where countries try to protect home producers...

3 One way they do this is by using tariffs...

4 Another way is by using quotas which limit...

5 Domestic manufacturers often complain that foreign competitors...

6 Exporters, on the other hand, often complain about...

a... from foreign competition and cheap imports.

b... complicated bureaucracy and complex customs regulations.

c... without restrictions.

d... the number or quantity of goods that can be imported.

f... try to destroy them by dumping their goods at very low prices.

e... which are a kind of tax on imported goods.

VI. Answer the questions below:

1.What is your philosophy on credit?

a) never borrow money b) use credit in moderation c) get as much credit as you can

2.If you have to ask someone to repay money they owe you, how do you feel?

3.a) embarrassed b) angry c) nothing, it's only money

4.What would you write to remind someone they owe you money? Why?

5.a) a text message b) an email c) a letter.

VII. Read methods of payment in international trade. Put these methods from the safest (1) to the riskest (4) one.

1. Open account. Goods are shipped directly to the buyer, with a request for payment.

2. Advance payment. Payment is expected by the exporter, in full before goods are shipped.

3. Bills for collection. A bill of exchange is sent from the exporter’s bank to the buyer’s bank. When the buyer agrees to pay on a certain date, they sign the draft. The documents and the goods are released to the buyer against this acceptance.

4. Letter of credit (L/Cs). Documentary credit is a bank-to-bank commitment of payment: the buyer’s bank guarantees that payment will be made when shipping documents are found to be in compliance with terms set by the buyer.

Дата добавления: 2015-11-16