To pay its obligations in yen rather than dollars — платить по своим обязательствам иенами,

А не долларами

To give up... its deposit — расставаться со своим депозитным вкладом

The fulfilment of this demand — удовлетворение этого спроса

8.5. Reading for Specific Information + Language Study

Oral Practice. Work with a partner and discuss these comprehension questions on

Text 8.4.

1. How technically can export-import bank transactions be presented?

2. What is the total value of care a Japanese exporter sells to an American firm?

3. What steps must an American importer take to pay for Japanese cars? What effect will it have

on the importer’s demand deposit in a New York bank?

4. Why is the Japanese exporter compelled to sell $3 billion check to a Japanese bank?

5. What are the actions of a Japanese dealer bank in this case? What effect will it have on the

exporter’s demand deposit?

6. What changes will occur in the liabilities column of an American bank?

7. Does the Japanese export generate a demand for yen abroad?

8. In what way does a Japanese dealer bank have a fee in its foreign exchange transactions?

9. In what way can a Japanese importer make a bank transaction to import American semiconductors?

10. By what amount does the purchase of semiconductors reduce the Japanese importer’s demand

deposit in a Tokyo bank?