In (by) instalments — в рассрочку

27. “hard core” — профилирующий, основной

Portfolio investments — портфельные инвестиции (ценные бумаги)

11.5. Reading for Specific Information + Language Study

Oral Practice. Work with a partner and discuss these comprehension questions on Text 11.4.

1. What is meant by the international flow of capital?

2. Is there one or several causes of the capital export?

Is the capital export a foreign trade expansion of the developed countries to the developing

countries?

4. Can relative capital surplus in the national market serve as one of the causes of the capital export?

Can we consider capital migration as a strive for getting a free access to the sources of raw

materials abroad and approaching the consumers?

Can we regard the difference of costs of production in different nations as the cause of capital

migration?

7. Are there any differences as to the character of the exported capital?

8. In what way is the export of loan capital realized?

9. Is the term for accommodating loans of any significance?

10. What kinds of loans do we distinguish according to their terms?

11. What is implied by the term “loan”? What is a bank loan?

12. What kind of lending operations do the commercial banks perform in Europe?