C. Look in the text and find the following words and phrases.
1 торговая держава; за последние двадцать лет; значительно сокращать долю государственной собственности; сократить государственные программы социальной помощи;
2 рабочая сила; уменьшаться; нетто-импортер энергоресурсов/страна с превышением импорта энергоресурсов; на долю энергетической промышленности приходится; банковское дело; страхование; насчитывать/составлять;
3 с момента выхода из рецессии; обгонять/опережать; экономический спад; жесткие условия кредитования; ввергнуть в рецессию; заставлять; осуществлять/вводить ряд мер; сокращать/урезать/снижать налоги;
4 изменения процентной ставки; опросы общественного мнения.
D. Read and translate the text.
1 The UK, a leading trading power and financial center, is one of the quintet of trillion dollar economies of Western Europe. Over the past two decades, the government has greatly reduced public ownership and contained the growth of social welfare programs.
2 Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labor force. The UK has large coal, natural gas and oil resources, but its oil and natural gas reserves are declining and the UK became a net importer of energy in 2005; energy industries now contribute about 4% to GDP. Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance.
3 Since emerging from recession in 1992, Britain’s economy enjoyed the longest period of expansion during which time growth outpaced most Western Europe. The global economic slowdown, tight credit, and falling home prices, however, pushed Britain back into recession in the latter half of 2008 and prompted the government to implement a number of new measures to stimulate the economy and stabilize the financial markets; these include part-nationalizing the banking system, cutting taxes etc.
4 The Bank of England periodically coordinates interest rate moves with the European Central Bank, but Britain remains outside the European Economic and Monetary Union, and opinion polls show a majority of Britons oppose joining the euro.
E. To the given words and word combinations find in the text: A) synonyms; B) antonyms.
| A) | slowdown | ||
| resources | |||
| reduce | |||
| B) | join | ||
| nationalize |