II. Complete sentences according to the information in the text.

1. International investing is ….

a) a nonprofitable business

b) a profitable business

c) a risky business

2. Political turmoil and economic chaos in a foreign country ….

a) make some ventures borrow additional money from banks

b) help some ventures to obtain considerable rewards

c) push some ventures to the brink of bankruptcy

3. Western and Japanese banks make loans denominated ….

a) in local currencies

b) in dollars

c) in any currencies

4. If a democratically elected government is toppled, the local market ….

a) may drop

b) never drops

c) must drop

5. The use of … helps the investors to calculate risks.

a) internet information

b) rating agencies and political analysts

c) information from the secret service

III. Which explanation of economic terms is correct?

1.

a) A free-market economy is a system of trade when prices are not controlled by the government.

b) A free-market economy is a system of trade when all prices are controlled by the government.

c) A free-market economy is a system when all prices are controlled by consumers.

2.

a) International investing is putting money into a business of your country.

b) International investing is providing money for your project by international organizations.

c) International investing is investing money into foreign companies.

3.

a) To lend money is to steal money.

b) To lend money is to let someone borrow it on condition to pay back with additional interest.

c) To lend money is to pay back your debt.

IV. Read and translate the definitions of the basic INVESTMENT AND SECURITIES terms:

1. Securities — stocks and bonds (which present a secured-asset based claim on the part of investors) that can be bought and sold.

2. Securities market — the millions of people and organizations that buy stocks and bonds and the securities intermediaries who bring buyers and sellers together.

3. Primary market — a market in which an investor purchases financial securities (via an investment bank or other representative) directly from the issuer of those securities.

4. Secondary market — a market for existing financial securities that are currently traded between investors.

5. Stock exchange — the marketplace for dealing in freely transferable stocks, shares, and securities of all types — government and others.

6. Investor — traditionally someone who buys securities with the expectation of getting an income or profit over several years.

7. Broker — an individual licensed to buy and sell securities for customers in the secondary market; may also provide other financial services.

8. Stockbroker — an individual who buys or sells securities for clients.

9. Investment banker — any financial institution engaged in purchasing and reselling new stocks and bonds.

10. Investment banking firm — an organization that assists corporations in raising funds, usually by helping sell new security issues.

11. Bull market — a stock market in which prices are rising and there is much optimism among speculators.

12. Bear market — a stock market in which prices are falling and there is much pessimism among speculators.

13. Bull — an investor who expects prices to go up.

14. Bear — an investor who expects prices to go down.

15. Institutional investors — organizations whose investments for themselves and their clients are so large that they can influence prices on securities markets.

V. Give Russian equivalents to the following:

Фондовый рынок; первичный рынок ценных бумаг; вторичный рынок ценных бумаг; ценные бумаги; рынок ценных бумаг; инвестор; брокер; инвестиционный банкир; биржевой маклер; инвестиционный банк; спекулянт, играющий на повышение; спекулянт, играющий на понижение; рынок без посредников; организации-инвесторы.

VI. Choose the necessary word and put it in the sentence:

Market

Bonds

Buyers

Safety

Дата добавления: 2015-09-01