Деньги - Money. Невежина С.Б - 48 стр.

        More math mayhem? Perhaps not.                                     Currency
                                                                                    US. $ Aust $ U.K. £       Can $    DMark    FFranc     ¥en     SFranc   Euro
        You'll still have to fork over francs to get what you want in        Last
                                                                                    N/A Jan 8    Jan 8        Jan 8     Jan 8    Jan 8    Jan 8     Jan 8   Jan 8
                                                                            Trade
France, but the Euro number can be useful for comparing prices across
borders and for figuring out dollar equivalents.                           U.S. $      1     0.6348   1.645   0.6614   0.5929   0.1768 0.009013 0.7195      1.159

        Because the eleven currencies will have permanently fixed rates    Aust $    1.575     1      2.591   1.042     0.934   0.2785   0.0142    1.133    1.826
                                                                           U.K. £    0.608   0.386     1      0.4021   0.3605   0.1075   0.00548   0.4375   0.7049
against the Euro, you no longer have to keep track of eleven exchange
                                                                           Can $     1.512 0.9598     2.487     1      0.8964   0.2673   0.01363   1.088    1.753
rates, just one: the dollar-Euro rate. No more dividing ____7.______
                                                                           DMark     1.687   1.071    2.774   1.116         1   0.2981   0.0152    1.214    1.955
price by 1,600 in Italy and 5.6 in France.
                                                                           FFranc    5.657   3.591    9.304   3.742     3.354     1      0.05099    4.07    6.559
        What's more, the Euro's value is expected to be fairly close to
                                                                           ¥en        111    70.43    182.5   73.38     65.78   19.61      1       79.83    128.6
the dollar's, meaning a lot ___8.______ long division and a welcome
                                                                           SFranc     1.39   0.8823   2.286   0.9192    0.824   0.2457   0.01253     1      1.611
relief for the mathematically challenged.
                                                                           Euro      0.8625 0.5475    1.419   0.5705   0.5114   0.1525 0.007774 0.6206        1
       Comparison Shopping
       Comparison shopping across the borders will be a snap. A hotel             Team A's Questions:
room in Paris for 850 francs might seem like a bargain compared with              1. Andrew has 10,000 pounds in his savings account. Roberta
one that costs 225,000 lire in Rome. But not when you see that the         has 10,000 dollars in hers. In terms of absolute value, who has less
Paris room is 130 Euros vs. 115 Euros for the one in Italy.                money?
       Some people who travel frequently to Europe are already looking            2. The Euro is currently trading at $1.16 to the dollar. Will it
forward to the Euro, even if it means seeing double on ____9._____         take fewer dollars or fewer Euros to purchase something?
price tags for three years.                                                       3. A tourist from France and another tourist from Germany both
       Richard Schroeter, an agricultural trade consultant based in        want to buy the same item. Will it take more francs or more marks to
Washington, says the Euro should be 'a real plus' for frequent travelers   make the purchase?
to Europe such as himself.                                                        4. A tourist from Canada wants to buy something in the United
       'It gets very confusing figuring out how ___10.______ things        States. She has $400 Canadian. The price is $350 U.S. Will she have
cost. Trying to go from shopping in Belgium to shopping in Italy is        enough money?
quite a change,' Schroeter said. 'Now, it's as if you were traveling              5. Will it take fewer Swiss francs or French francs to purchase
through the United States and every state had a different currency.'       an item?
                                                                                  6. A tourist from Japan is traveling in Europe and has only
      (Source: The Associated Press, CBS Market Watch Report, December     traveler's checks in denominations of 1,000 yen. He wants to buy
30,1998.)                                                                  something that costs one Euro. How much money will he have to
                                                                           change?
      THE NUMBERS GAME
      Look at the exchange chart. Play in teams of four to six                      WRITING AN ESSAY
students. Team B, turn to File 6. Team A asks Team В the six                      Have you ever had a problem figuring out the currency
questions that appear in File 6. Then Team В asks Team A six               when you visited another country? Did you perhaps tip the
questions. Score points.                                                   waiter $10 instead of $l by mistake? Did something amusing
                                                                           happen? Something not so funny? Write two or three paragraphs
                                                                           telling your story.

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