Translate the sentences into English using active words and expressions

1. В экономике России происходят серьёзные изменения.

2. Экономика России долгое время зависела от сырьевых ресурсов.

3. Финансово-бюджетная и валютная политика страны меняются в условиях кризиса.

4. Все ожидают экономического роста.

5.Экономика России сильно пострадала в результате мирового экономического кризиса из-за падения цен на нефть.

6. Участвовать в различных международных проектах очень важно для экономики страны.

7. Внутренний валовый продукт страны во втором квартале 2009 года вырос на 7.5 %.

8. Страна становится полноправным участником Информационной Революции.

Pre - reading tasks

Task 1.

Decide what constitutes the economy of Russia. Complete this spiderdiagram.

Task 2

Describe the place of the Russian economy in the world using the phrases (ordinal numerals if they are necessary):

a) The Russian economy is the … largest economy in the world by nominal value.

b) The Russian economy is the … largest by purchasing power parity (PPP –платежеспособность страны).

c) Russia is the… in the world in sale of weapons.

d) Russia is the … largest exporter of natural gas and the … largest exporter of oil.

e) Russia is also the world’s … largest steel exporter.

f) Russia is the world’s … largest exporter of hard coal and contains coal reserves … only to the US.

g) Russia produced 63.0 million tons of wheat in 2008, or about 9 % of the world's total production. However, Russia's capacity for agricultural production is considerably greater. If Russia were to achieve the production levels recorded in 1992 again, it would be in … place in grain production overall. Russia is also in the … place in potato production – accounting for about 11% of world production.

h) Russia is currently the … largest gold producer in the world and is … on the list of the world’s largest gold reserves.

Task 3.

Read and translate the following international words and word combinations. Practice their pronunciation:

to modernize – modernizer – modernization, to innovate – innovator – innovation, industry – industrial, global – globally, central – centrally, to plan – planned, to integrate – integrated, active (adj), to base – based, to formulate, energy efficiency, to export – exporter, pharmaceuticals, economic crisis, alternative, sphere, to double, situation, information products, to produce – producer – production, electricity, technology – technological, to operate – operator – operation, international projects, to stimulate.

Reading