For another currency or gold. All foreign exchange

Controls were completely removed by the UK in 1979.

Read the text, complete it using the words from the box and translate it into Russian

Enterprise, intermediaries, integration, production, raw materials

Vertical integration. The extent to which successive stages in... (1) and distribution are placed

Under the control of a single... (2). Oil companies which own oilfields, tankers, refineries, and

Filling stations exhibit a high degree of vertical... (3). Firms move to integrate, either forwards

Towards retailing or backwards towards sources o f...... (4), in order to eliminate the profit margins

O f... (5) or to secure sources of supply or markets.

22.7.4. Written/Oral Practice

Make up sentences and microdialogues with the following word combinations on the subject of the unit.

А)глобализация-— globalization

Globalization of the world economy — глобализация

Globalization of the economy-мировой эконглообмалиизакциия

Экономики

Р ы н к о в

Капитала

Foreign corporation — иностранная корпорация

A gro-industrial corporation — агропромы

International oil and gas corporation — междунар

О д н а шя нелфетнегнаазояв

Каяо ркпоропроарцациияя

M ilitary-industrial corporation —воено-

С) производство — production, manufacture, manufacturing, industry

Quality production — производство ilsradnuril-tcrgyutisgnra-eragmc lfea lв ыaсококачественны