Вопрос № 1072658 - Английский язык

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The fifth largest trading nation in the world, Britain provides just over 9 per cent of the main manufacturing countries’ exports of manufactured goods. The country is a major supplier of aerospace products, motor vehicles, electrical equipment, chemicals, textiles and most types of machinery, and is a growing oil exporter. It relies upon imports for about two-fifths of total consumption of foodstuffs and for most of the raw materials required by industry.

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International trade is when companies from one country sell their products or services in other countries. For example, the UK produces cars, machinery, oil and chemicals, which it exports to overseas markets. Other British exports include services like banking and travel. These earn foreign currency for the UK. Imports to the UK include cars, food, and electrical goods.

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As a leading producer and exporter of technology the USA contributes to the worldwide economic growth. It exports more machinery and invests more money in technological research than any other country. American businesses and industries operate all over the world. American investment boosts other economies by providing them employment, technology and new products.
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The dollar until the time of emission of the EURO have been the world’s chief international 1_______ used for most international trading. But the present times dollar 2_______ with the EURO its status of the international currency which points to the declining of the US 3_______ power. However, high volatility of the American dollar continues to create instability on the world-wide trade 4_______.

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Travelers’ checks are 1_______ sold in a variety of denominations by banks and travel agencies. Buyers pay the face amount of the check plus a small fee for the 2_______.
The 12 Federal Reserve banks order currency and coins from the Treasury, just as a supermarket orders different breakfast cereals to meet customers’ needs. If your neighbourhood bank doesn’t have enough cash on hand, or is short of certain denominations, such as $10 and $20 bills, it 3_______ what it needs from its account at the Reserve bank, just as someone might 4_______ a check at the neighbourhood bank to get currency.

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Did you ever have conversation with older adults that went something like: “When I was you age money could buy a lot more than it can these days …”
I guess that’s why they say “the good old days”.
In fact, the dollar was worth more “back in the good old days”, and 1_______ were a lot lower than they are today.
Economists use the terms purchasing power, or value, to describe the quantity and quality of goods and services we can buy with our 2_______. When prices increase, our money cannot buy as much. Its purchasing power declines. When prices fall, the opposite occurs. Or, to put it another way, when prices 3_______, the value of money falls; when prices fall, its value rises.
An extended period of rising prices is called inflation. One in which prices are falling is called deflation. The value of the dollar decreases during periods of inflation, and increases during 4_______ of deflation.
The purchasing power of the dollar has been shrinking during most of our century.