English for Masters in Economics. Маркушевская Л.П - 83 стр.

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Университет ИТМО | Санкт-Петербург

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130
необходимых резервов или привлечении финансирования из других
источников для организации мероприятий по ликвидации убытков.
Task 3. Match the synonyms.
1. to alleviate
2. to enhance
3. to remove
4. to enable
5. to implement
6. to ensure
7. to endeavor
a. to withdraw
b. to empower
c. to perform
d. to try
e. to facilitate
f. to guarantee
g. to refuse
h. to satisfy
i. to intensify
Task 4. Match the verb to the explanation. Then make sentences of your
own with three of the verbs.
1. to encompass
2. to internalize
3. to tailor
4. to remain
5. to assess
a. to make judgment
b. to include something as part of a
subject
c. to make personal or subjective
d. to make something so that it is exactly
right for someone’s particular needs
or for a particular purpose
e. to continue to be in the same state or
condition
f. to include a wide range of ideas,
subjects
83
TEXT 2
Exercise 1. Be ready to answer and discuss two questions.
1. Whenandwheredidpapermoneyrstappear?
2. Why does old money have current value?
Exercise 2. Before reading the text «A history of Money and Banking
        
the transcription in the dictionary and read the words listed
below.
Pound, guinea, perpetually, to establish, bimetallism, compul-
sory, catchphrase, privilege, to overvalue, commodity, scarce,
beaver, wampum, circulating, to prohibit, coinage, proportion.
Exercise 3. Match the antonyms.
1. legal
2. overvalued
3. disappeared
4. equal
5. compulsory
6. imported
7. accepted
8. prohibited
a) unequal
b) unaccepted
c) exported
d) optional
e) unlawful
f) allowed
g) appeared
h) undervaluated
i) monopolized
A History of Money and Banking in the United States
before the Twentieth Century
As an outpost of Great Britain, colonial America of course used British
pounds, pence, and shillings as its money. Great Britain was ofcially on a
silver standard, with the shilling dened as equal to 86 pure Troy grains*
of silver, and with silver as so-dened legal tender for all debts (that is,
creditors were compelled to accept silver at that rate). However, Britain also
coined gold and maintained a bimetallic standard by xing the gold guinea,

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