Exercise 2. State whether the statements are true or false. Correct the false statements, if any

1. Липсиц И.В. Коммерческое ценообразование, – М.: Бек, 1997.

2. Макконнелл К. Р., Брю С.Л. Экономикс: В 2-х т. – М Республи­ка, 1992.

3. Уткин Э.А. Цены. Ценообразование. Ценовая политика – М 1997.

4. Финансовый менеджмент: Учебник / Под ред. проф Г Б Поля­ка. – М.: ЮНИТИ, 1997.

5. Шуляк П. Н. Ценообразование.–М., 1998.

6. Ценообразование на финансовом рынке / Под ред. проф. В.Е. Есипова. – Санкт-Петербург, 1998.

Exercise 1. Provide Russian equivalents for the words and word combinations given below.

· to be located within the British Isles · throughout its history · to be invaded · in 43 AD · collapsed upon itself · William of Normandy · to be crowned · William the Conqueror · development · industry · equipment · parliamentary democracy · constitutional monarch · stability · national unity · according to · the executive branch · an integral part · judiciary

· the commander-in-chief · the supreme governor · the armed forces · steadily · day-to-day operation · impartial · on the advice of the ministers · to be closely involved · legislature · the House of Commons · in her constitutional role · to be formally recognized in law · the Labour Party · with majority support · the senior group · the major policy · collectively · the official Opposition · shadow cabinet

Exercise 2. State whether the statements are true or false. Correct the false statements, if any.

1. Great Britain is an island.

2. Great Britain is the largest island in the world.

3. The major part of the United Kingdom is located on Great Britain.

4. The United Kingdom includes Scotland, England, Wales and Ireland.

5. Britain was invaded several times.

6. The cultural and political development began when William the Conqueror was crowned at Westminster

7. The service, the industrial sector and the agriculture are essential for the economy.

8. The Queen is head of the State that is involved in the day-to-day operation of the government

9. The members of the royal family are closely involved in the work of charities.

10. The parties are not recognized in law. Most candidates belong to one of the main parties.

11. The Government is formed by the Commons.

12. The leader of the party with majority support in the Parliament is appointed as Prime Minister.