Контрольная работа по Английскому языку на тему: «Практикум по английскому языку: работа с экономическим текстом, грамматические упражнения и эссе»

Вопрос 1. Переведите на русский язык письменно:

As the integration of markets advances, it becomes more and more costly to protect special interest groups and limit competition. This has obviously been understood first in the smaller member countries where foreign competition is a fact of life which nobody can escape. But in the larger member countries there are still large parts of the market that might be protected. It is thus not surprising that the larger member countries are the ones that perform worst at present. Their political systems have not yet come to grips with the fact that the combination of the common currency and the market opening enforced slow, but relentlessly by the European institutions has limited the degree to which it is still possible to regulate markets and limit competition to protect special interest groups.

The combination of market opening and systems competition might thus be the salvation for Europe. The best performing economies put the others under pressure because they all compete in one big unified market. Even those who still think that they are big will in the end be forced to reform. When they do growth should start again.

In integrated financial markets, domestic investors can buy foreign assets and foreign investors can buy domestic assets. Among countries that are fully integrated into world financial markets, assets with identical risk should command the same expected return, regardless of location.

But how does one determine exactly when a market becomes integrated? Often the date of certain regulatory changes is used as a proxy for the timing of integration of equity markets. But this can be misleading. Regulatory changes, in reality, may have little or no impact on the functioning of the capital market. There are many ways to circumvent capital controls, and thus to gain indirect access to financial markets, even when a market is technically closed to foreign investors.

Furthermore, liberalization itself can be a staggered and slow process. Investors may anticipate some policy changes. Other policy initiatives may lack credibility, and hence have little impact on markets.

In Dating the Integration of World Equity Markets some people consider the surge of emerging markets opening up to international capital in the last decade as a natural experiment. They apply a novel method of "dating" market integration: a new statistical technique that identifies a "break" in important economic series. To determine the market integration date and to explore the economic and financial effects of market integration, they use data on a variety of financial and macroeconomic indicators for the 20 emerging markets followed by the International Finance Corporation over a period of time.
 

Вопрос 2. Грамматика.

1) My friend doesn’t mind .....you a lift to work.

2) We don’t need the bill. We haven’t finished ...yet.

3) Please remember ...my letter. It’s very important.

4) We’re sorry, but we can’t promise ...ready on time.

5) I don’t really like Indian food. I’d prefer ... to the new Chinese place.

6) Everyone is looking forward to ...work for the summer....
 

Make the sentences passive.

10) They have made hundreds of employees redundant in local government.

11) Do you know if they have completed the tunnel yet?

12) The people of the region have chosen a new mayor.

13) They have made huge improvements in the development of drugs.
 

Вопрос 3. Напишите 15-20 предложений по одной из тем:

Which country has a more stable economy - Mongolia or India?

Will Eurozone lose Greece?

How does a market competition work in Russia?

Do you think games are as important for adults as they are for children?