Read the following conversation and act it out

Once at an informal party two post-graduates (A and B) who had not met for rather a long time, were speaking about their university mates and friends:

A:Fred is remarkable! There isn't much he doesn't know.

В:Т think it's his natural curiosity. He wants to know every thing. He doesn't just scratch the surface, either. He really gets to the bottom of things.

A:Do you know what he explained to me today? The ins and outs of the stock market. He knows all about Wall Street – all these stocks, shares, stock exchange quota­tions and what not.

B: Is he a stockbroker?

A:If I'm not mistaken, he is.

B:I have to confess something. I didn't think much of Fred at first.

A: Iunderstand. He's very quiet. He doesn't make a good first impression. But he grows on you after a while.

B: He's a far cry from his brother. Pete talks all the time and doesn't say anything, either.

A: There are too many Petes in the world. And not enough Freds.

Do you know these words?

Grammar Revision: The Past Perfect Tense(Read Grammar appendix: Lesson 4)

Упражнение № 1. Open the brackets and use the verbs in Past Simple or Past Perfect.

Упражнение № 2. Translate into Russian.

1. The prices had decreased by that time. 2. They did not increase sales because the production had dropped by 1 per cent. 3. We managed to maintain the demand as we had studied the mar­ket thoroughly. 4. The revenue grew as the exports had increased significantly. I wanted to read this journal. I had never read an American jour­nal or magazine. 5. I planned to visit this town last June. I had never been there before.

Упражнение № 3. Translate into English.

1. Экспорт этих товаров возрос, так как спрос резко увеличился.          2. Оптовики хотели увеличить закупки. Все запасы к этому времени они уже продали. 3. Их розничная торговля сократилась из-за того, что они за­крыли самый большой магазин. 4. Запасы уменьшились, так как все контракты были выполнены. 5. Прежде чем переводить большую статью по экономике, он купил несколько новых словарей по этой тематике.

Упражнение № 4.Use the right verb in Past Perfect, Passive and translate the sentences:

to settle, to organize, to export, tо sell out, to prepare, to publish.

1. They sold this car when all the other cars ... 2. We discussed this problem when the production problem ... 3. We launched the product on this market when proper advertising ... 4. We didn't know what to do. No book on this issue ... 5. I couldn't buy this magazine, it ... 6. I helped him with the documents. They ... by that time.

Упражнение № 5. Read the following text and try to understand it.

The economy

The words the economy are words we hear or read almost every day. For example, we may be told that the world economy is 'in the dol­drums', or 'the European economy is making little progress out of reces­sion', or 'the UK economy is beginning to recover', or 'the Scottish economy has held up relatively well during the recent recession'.

But what is meant by the economy? What is an economy? What happens in one? How does an economy work?

The economy is a social mechanism which answers these three questions. The economy means a system for the management, use and control of the money, goods and other resources of a country, community or household.

Do you know these words?

Grammar Revision: The Past Continuous Tense (Read Grammar appendix: Lesson 4)

Упражнение № 6. Use the verbs in Past Continuous and translate the sen­tences:

1. I(to write) something when he came in. 2. While he (to study) the table the other students (to discuss) the graph. 3. What he (to do) when you returned home? 4. What rales the teacher (to explain) when the bell rang? 5. When they (to build) this factory they found some strange relics. 6. He came to London in May. At that time his colleagues (to de­liver) lectures in Glasgow University. 7. Manufacturing figures (to improve) and had shown the first posi­tive quarterly rise since the end of 2001.

Упражнение № 7. Translate into English:

1. Конференция началась 2 декабря 2002 года. В это время они заканчивали работу над очень важной проблемой. 2. Он заболел, когда его коллеги готовили доклад по результа­там исследований. 3. Во время его работы в этой стране большинство секторов экономики страны было на подъеме (to enjoy a widespread boom). 4.Уровень жизни населения стран Западной Европы постоян­но рос. 5. Россия увеличивала экспорт сырья в различные регионы мира.

Work on the words

Упражнение № 8. Use too oreither and translate these sentences:

1. Ilike this film ... 2. I haven't done this exercise ... 3. They provided for a regulated process of new product launches ... 4. Sales had begun to decline ... 5. Sales grew rapidly as the product had reached the mass market ... 6. Most consumers are not prepared to buy these goods ... 7. The label did not say the product was biodegradable ...

Упражнение № 9. Translate into English:

1. Эта газета тоже писала о производстве пиратских звукозаписей. 2. Компания также выпустила большое количество компакт-дисков. 3. Они тоже были недовольны качеством поставленного товара. 4. Мы тоже не смогли сделать этот перевод. 5. Я тоже никогда не бывала в этих местах.