Samarkand iktisodiyot va servis instituti

Exercise 1.

a) Which of the statements is not true?

1. The currencies of the world’s economies have names and backgrounds.
2. The name of the Japanese currency is the “yen”.
3. The penny has the same origin as the word “pawn”, and originally meant “to pledge”.
4. In Turkey the currency is called “peso”.
5. In Spain the currency was called peseta, meaning “small peso”.

b) Which of the following is true?

1. The currency “franc” wasn’t used in Switzerland.
2. In Italy the currency was called “lira” based on the Latin “libra” meaning “pound”.
3. The former German “mark” and the Finnish “markka” derive their names from different words.
4. The “riyal” in Saudi Arabia and Qatar and the “rial” in Iran are based on German words.

Exercise 2. Complete the sentences with the words from the text.

1. The names of the world’s major currencies a. weight
have diverse …
2. Some names refer to the … used in determining b. precious
the value of coins.
3. The names of such currencies as krone and krona c. background
describe the currencies, originally … by d. crown
the king and the queen.
4. Today, the … has been replaced by other e. minted
symbols, but the name remains.
5. Some currencies

III. LANGUAGE ACTIVITY

Exercise 1. Insert articles where necessary.

1. … currences of the world have … diverse names and … backgrounds.
2. The dollar gets its name from … silver coin minted during … Middle Ages in … small valley.
3. The name of … Chinese currency, … yuan, derived from the old Chinese word "round," or "small round thing."
4. … word peso is used to describe … currency in English-speaking countries in … Latin America.
5. … dinar used in Iraq and Kuwait, derives its name from “denarius”, … Roman coin that was worth “ten bronze asses”.