Oral Practice. Round Table. We have familiarized ourselves with one of the largest and most interesting markets — the securities

Hold a business talk.

We have familiarized ourselves with one of the largest and most interesting markets — the securities

market, i.e., the sphere of circulation of stocks (shares), bonds, bills, exchanges (currencies!,

Interest-bearing securities, mortgages, etc. We have gained some knowledge of the stock exchanges

And various types of transactions in the stock market. No doubt, the securities market is manysided

And it requires a special study.

Before you start exchanging the opinions think and try to answer the following questions:

1. What is the purpose of the securities market?

2. Why is the securities market subdivided into primary and secondary markets?

3. In what way is the market capitalization determined?

4. Why do you suppose some companies begin to buy up their own stocks on the stock exchanges?

5. Why is the rate of development of the securities market in Russia slow?

Written Practice

Summarize the unit in a paragraph of about 300-350 words.

Part V

International Economic Integration

Unit 19. Economic Integration and International

Trade Policy

Preview Basic notions

The subject of this unit is economic integration integratioand liberalnization