• Exercise 1. Read the text and answer to the questions
  • Exercise 2. Write the term that best matches each numbered definition.
  • Task 3. Grammar Exercise 1. Choose the correct verbs to complete the sentences.
  • O‘zbеkiston rеspublikasi oliy ta’lim, fan va innovatsiyalar vazirligi




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    store 
    of value
    . By itself it is worth something. It can increase your worth or value. To be 
    used as money, an item must be scarce. If the supply of an item is unlimited, or 
    overly plentiful, it loses its value. Thus, it could not very well serve as money or as 
    a story of value since it would have little worth. People would lose faith in its value 
    as a medium of exchange. Coins and paper money serve well enough. They are 
    convenient and long- lasting or can be easily replaced. They help to make and keep 
    money valuable. 
    Exercise 1. Read the text and answer to the questions 
     
    1.
    What system is barter? 
    2.
    Do you know any form of bartering in your real life? 
    3.
    What drawbacks does bartering have? 
    4.
    When does anything serving as money cease to be money? 
    5.
    What is our standard of value in our republic? 
    Exercise 2. Write the term that best matches each numbered definition. 
    barter
    standard of value


    currency
    medium of exchange
    store of value
    1.
    Paper money and coins. 
    2.
    Something that is used as a base for determining the value or worth of one 
    thing in relation to another. 
    3.
    Something that can be stored or kept for later use and by itself is worth 
    something of value. 
    4.
    Something that is accepted by people in exchange for goods and services. 
    5.
    The exchange between people of goods and services for other goods and 
    services. 
    Task 3. Grammar 
    Exercise 1. Choose the correct verbs to complete the sentences. 
    1 If you 
    give us / 'll give
    us a discount of 5%, we’ll 
    place/ place
    a firm order. 
    2 Will you 
    deliver / Do you deliver
    by November if we 
    pay / 'll pay
    the transport 
    costs? 
    3 If you 
    will lower / lower
    your price by 5%, we 
    buy / 'll buy
    at least 4,000 units. 

    Would / Does
    it help you if we 
    sent / are sending
    the goods by air? 
    5 If you 
    aren't improving / don't improve
    your delivery times, we 
    'll have / had to
    find a new supplier. 
    6 If we 
    will join / joined
    an association of producers, we 
    would get / will get

    better 
    price for our coffee. 

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    O‘zbеkiston rеspublikasi oliy ta’lim, fan va innovatsiyalar vazirligi

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