I. Перекласти текст з англійської мови на рідну.

The USA is an example of a country with a free market economy and strong economic fundamentals. It is also known as an economy of free enterprise². American government (usually called the US administration) does not participate directly in foreign trade but it often uses protective tariffs to support domestic producers.

However, with its large territory which includes about 6 percent of land surface of the earth, the United States has always been more interested in the development of domestic market. More than 90 percent of the nation's total trade has recently be done on its territory. Thus, the United States has sought to maintain its economic security through a policy of protection that has restrained trade with other nations in favour of a domestic market where industry and agriculture have been free to develop and expand to meet domestic demand.

At present a variety of policies are being followed by different countries in the world economy. However, all these policies are being used in order to provide a certain degree of economic security for a nation.

On the one hand, the economic security of any nation is based on economic nationalism recognized as the only practical economic way of life in the modern world. On the other hand, various conflicts can be caused if a nation follows policies of restraints in trade which prevent the growth of world economic well-being.

Fundamentals- основы

Protective tariff- протекционистский тариф

To restrain-сдерживать, ограничивать

Well-being- благополучие

II.Вiдповiсти на запитання за змiстом тексту.

1. What are the main characteristics of the US economy?

2. What is the main strategy of the US economy?

3. What is the aim of every economic policy of any country?

4. What is the economic security of any nation based on?

5. What are the reasons for conflicts in the modern world?

№ 17

I. Перекласти текст з англійської мови на рідну.

Most people use money every day. It is so common that many people rarely think about why money is important and what gives it value. In general, money is any item that is widely accepted as payment for products. It is something people see and use almost every day. Though money is commonplace, its forms and func­tions are complex. The familiar paper bills and metal coins are only two of the forms money can take. In the past, many things served as money - beads, shells, dog's teeth, cattle, stones, tobacco, fishhooks, and even slaves. Precious metals, especially gold and silver, have been a favorite form of money. Some of the things used as money - fishhooks or cattle, for example - also have had value as con­sumer goods. Most of the items used as money, however, have had value only be­cause people agreed that they could be exchanged for goods and services. In other words, what is used as money often has little value of its own. Its value comes from the product for which it can be exchanged.

In most modern economies money serves several functions. As a means of ex­change money is used to trade for goods and services. Less complex societies often do not use money at all. They simply barter or trade one product for another.

II.Вiдповiсти на запитання за змiстом тексту.

1. What is money in general?

2. What served as money in the past?

3. What are the familiar forms of money?

4. Does money have great value of its own?

5. What function of money is mentioned in the text?

№ 18