Professional Documents
Culture Documents
Learning Guide
Competition 1
Unit 2: Mathematics
Workshop 1
Financial Services Center - CSF
Name: Laura Davila Cohort: Date: 26/07/2022
This workshop attempts to help you strengthen your english math skills, using the language in
developing and understanding some basic math operations, talking about currencies around the world
and how to convert from one to the other. other.
Objective: from the development of this workshop, you will be able to talk about
currencies and do some mathematical operations in English.
2. Skills Practice : Perform the following activities to practice learned vocabulary and structures in English.
Read and write the results to each of the exercises below1. Choose 10 of these exercises and record them.
Russian Foreign Minister Sergei Lavrov has suggested that the US dollar may be losing
its status as the world's most important currency. Mr. Lavrov said that because the
U.S. has imposed economic sanctions on countries such as Iran, Turkey and Russia,
these countries could start conducting international business in their own national
currencies instead of the dollar. In addition, countries that have had trade tariffs could
also trade in their own currencies. This could include global economic superpower
China abandoning the dollar. China is already striking trade deals in its own currency.
Experts say the U.S. dollar could lose its position as an international reserve currency.
The U.S. dollar replaced the pound sterling as the international reserve currency in the
1920s. Since then, most international trade has been conducted using the dollar. Today,
when China buys oil from Iran, it pays in U.S. dollars. This means that more U.S. dollars
flow out of the United States than flow. The effect of this is that the United States has a
currency deficit since its dollars are in the bank accounts of other countries. Mr. Lavrov
said, "I am confident that the serious abuse of the role of the US dollar as a world
reserve currency will eventually result in the weakening and disappearance of its role."
China's currency, the yuan, is emerging as an alternative trade currency . Africa's most
populous nation, Nigeria , has already begun trading the yuan.
1. Suggested a. serious
2. State b.
3. Specialists c. taxes
4. Realization d. standing
5. Experts e. consequence
6. Replaced f. deficit
7. Effect g. indicated
8. Deficit h. substitute
9. Tomb i. applied
1) What is the name of the Russian Foreign 6) What was the international
Minister? reserve currency before the
a) Anna Netrebko - Wikipedia, the free dollar?
encyclopedia
a) the pound sterling
b) Sergey Lavrov
b) the French franc
c) Boris Yeltsin
c) the ruble
d) Vladimir Putin
d) gold
2) What did the United States impose on Turkey,
7) What could China buy from Iran
Iran, and Russia?
and pay in dollars?
a) financial ultimatums
a) Cars
b) taxation
b) gold
c) economic sanctions
c) Carpets
d) conditions
d) oil
3) What could countries like Turkey and Iran use
8) What does the United
instead of the dollar?
States have because so many
a) oil
dollars leave the country?
b) gold
a) a trade surplus
c) the euro
b) a great bank
d) their own currencies
c) an exchange rate deficit
4) What could the economic superpower China
do with the dollar? d) tax reform