3. Переведите слова с русского на английский:

Исключительность, совместно, согласный, условия, сдавать в аренду, после уплаты налогов, продавать, обмен, выбор, частный

4. Переведите предложения с английского на русский.

1. An owner determines how to use his property.

2. I never rent out my apartment.

3. He sometimes uses his property in a peaceful way.

4. Governments reduce our property rights.

5. I receive all the after-tax rental income from my property.

6. The private owner sells some portion of the rights.

7. We service the resource as we want to.

8. Owners have exclusive rights to any portion of the rights.

9. We can exchange the resource at mutually agreeable terms.

10. One of the three elements of private property is exclusivity of rights.

5. Прочитайте и переведите текст с английского на русский.

Property rights

The fundamental requirement of a market economy is a strong system of property rights. A property right is the exclusive authority to determine how to use and service a resource. For example, the owner of an apartment with complete property rights to the apartment has the right to determine whether to rent it out or to live in it himself. He has the right to determine which tenant to rent the apartment to. He can also use it in any other peaceful way. If the owner rents out the apartment, he also has the right to all the after-tax rental income from the property. A private property right includes the right to delegate, rent, or sell any portion of the rights by exchange or gift at the price the owner determines. If I am not allowed to buy some rights from you and you therefore are not allowed to sell rights to me, private property rights are reduced. Thus, three basic elements of private property are exclusivity of rights to the choice of use of a resource, exclusivity of rights to the services of a resource, and rights to exchange the resource at mutually agreeable terms.

6. Ответьте на вопросы к тексту:

1. What is the fundamental requirement of a market economy?

2. What rights does the owner of the apartment have?

3. When property rights are reduced?

4. How many basic elements of private property do you know?

5. What does a private property right include?

Задания для самостоятельной работы Вариант 3

1. Сопоставьте слова.

Permeate Quantity Organization Distribution Result Competitive Consumer Baker Stock Valuable

результат конкурентноспособный ценный потребитель запас количество организация распределение проникать пекарь

2. Переведите слова с английского на русский:

Constrained, rival, identical, occur, producer, consumer goods, by offering, set price, clear the market, producer goods

3. Переведите слова с русского на английский:

На руках, предлагать, возможный, потребитель, вместо, производить, определять, цена, размер, качество