Exercise V. Замените выделенные русские слова в скобках их английскими эквивалентами

The international balance of payments for a country (известен) as a statement of financial transactions that (имели место) between residents of one country and the rest of the world over a period of one year. By (используя) the word “resident” economists (подразумевают) the citizens and their government.

The statement (показывает) both payments of all kinds (сделанные) by a country and its receipts from all other countries. In (подготавливая) a balance of payments one (следует рассмотреть) two main accounts: the current account and the capital account (счёт движения капитала)ю The former (регистрирует) the balance trade in goods and services plus net profits of income (заработанных) from assets owned in other currencies. International transactions in financial assets, that is, net purchases and sales of assets are listed in the capital account. The latter (состоит из) long-term and short-term investments.

Thus, the balance sheet of payments (включает) information (касающуюся) the net inflow of money to the country due to transactions (совершенных) by individuals, firms and the government under (существующих) market conditions, monetary inflows being recorded as credits. In contrast, monetary outflow (регистрируются) as debits. The balance of payments (является) either in surplus or in deficit when there is either a net inflow of money or outflow of money.

This statement (содержит) detailed data of the transactions that individuals (желают совершить) in (импорте, экспорте, покупках или продажах) foreign assets. It (показывает) the amount of transactions that government wish to make in the form of foreign aid (transfer payments to foreigners), military spending (maintaining military bases abroad), etc.

Используя текст, закончите следующие предложения:

1. After having made transactions with other countries, it is necessary to record …
2. Economists think of using the word “resident” for …
3. The balance of payments can’t be completed without preparing two main accounts …
4. on recording inflows and outflows one can prepare…
5. The purchase and the sale of physical assets and financial assets having beel listed, one can draw up …