English for Imports and Exports

1. Currency Exchange
English for Imports and Exports

2. Exercise 1.1
_________1. franc
_________2. won
_________3. rupee
_________4. ringgit
_________5. ruble
_________6. euro
_________7. yen
_________8. pound
_________9. yuan
_________10. dong
h
g
f
b
a
e
c
j
d
i

3. 1. In your point of view, why does every country
not use the same currency?
2. Is it possible if there is only one currency in
the world? Why?
3. Do you think what are the factors that
influence the value of exchange rates?

5. Exercise 1.3
________ 1. trade surplus
________ 2. devaluation
________ 3. appreciation
________ 4. floating exchange rate
________ 5. trade deficit
________6. currency
________ 7. depreciation
________ 8. exchange rate
________ 9. fixed exchange rate
________ 10. Gross Domestic Product (GDP)
b
f
e
c
d
a
h
g
i
j

6. ____g____ 1. monetary
____a____ 2. fluctuate
____i____ 3. demand
____f____ 4. boost up
____h____ 5. measures
____e____ 6. competitive
____b____ 7. asset
____j____8. circumstances
____d____ 9. incentive
____c____ 10. migrant

7. Exercise 2.4
1. monetary
2. demand
3. migrant
4. asset
5. measures
6. boost up
7. circumstances
8. have fluctuated
9. incentive
10. competitive

8. Exercise 2.3
1. The demand of using that currency.
2. A currency devaluation means there is a fall in
the value of a currency. It is decided by the
government issuing the currency.
3. A devaluation in the Pound can make UK
property appear cheaper to foreigners.

9. Exercise 2.3
4. Devaluation is not beneficial for importing
goods since goods and services are more
expensive.
5. No, a devaluation doesn’t attract the foreign
workers because they will get the lower wages.

10. Exercise 2.4
1. it (para. 2, line 1) refer to currency devaluation
2. This (para. 3, line 2) refer to the devaluation of
exchange rate
3. it (para. 7, line 4) refer to account deficit
4. they (para. 8, line 4) refer to migrant workers