Exercise 7.Change the following complex sentences into simple one using the Objective Participle Complex.
1. I noticed them as they were trying to sell their bonds. 2. We heard them as they were discussing the advantages of the future markets. 3. He observed as they were making plans for acquiring start-up funds. 4. She watched him, as he was meeting financial intermediaries. 5. I noticed him he was greeting shareholders. 6. We watched the people as they were axchanging currency.
Exercise 8. Paraphrase the following using the Objective Participle Complex:
Model: The reporter took a photo of him. – He had his photo taken.
1. A financial intermediary makes savings available to dissavers. 2. The corporation pays out the dividends to the shareholders once a month. 3. Those who borrow money will pay the lenders back. 4. The Bank offered a company start-up funds. 5. The individuals have bought corporation’s issued stock.
Exercise 9.Change the following complex sentences into simple one using the Absolute Participle Complex.
1. As the weather was fine, we went for a walk. 2. As the problem was complicated, we decided to meet again on the following day. 3. As there was one way to eliminate fluctuations in exchange rates, each country had to define the “worth” of its currency. 4. As the US dollar was equal to 0.0294 ounces of gold, the British pound was defined as being worth 0.0823 ounces of gold. 5. As the axchange rate was flexible, the quantity of foreign exchange demanded equaled the quantity supplied. 6. As it was a balance-of-payment deficit, there was an excess demand for foreign currency at current exchange rates.
Exercise 10. Translate into English
1. The letter having been delayed, the news reached us too late. 2. Agriculture is Costa Rica’s chief activity, mining and manufacturing being little developed. 3. We are not giving you any particulars, the enclosed letter containing the necessary information. 4. Retail prices in Argentina are becoming more inflated than ever, the increase in the means of payment having exceeded the increase in the supply of goods. 5. The contract quantity was 5,000 tons, the sellers having an option to deliver 2 per cent more or less. 6. With the shipping strike in the United States still going on, arrivals of American cotton in Liverpool were rather small. 7. The London market for Manila hemp was quiet, with demand from Western Europe restricted by shortage of dollars for purchase.
Exercise 11. Translate into English.
1. Ми спостерігали, як студенти слухали лекцію про фінансові ринки. 2. Студенти слухали, як лектор пояснював функції фінансового посередника. 3. Акціонери слухали, як керівники підприємства обговорювали можливості випуску нових акцій. 4. Мені виплатили дивіденди. 5. Вам надал стартовий капітал? 6. Робітникам продали акції підприємства. 6. Якщо курс валюти однієї країни знизиться, курс валюти іншої країни зростею 7. Оскільки було складно визначити валютний курс, ми вирішили ретельніше проаналізувати ситуацію. 8. Коли все було вирішено, учасники конференції залишили зал засідань. 9. Через те, що телефон був несправний, я не зміг зателефонувати вам.