EXERCISE IV. Comment on the following (half page).

© J. Archutowska 1

1. Public Revenue vs. Public Spending

2. Kinds of Taxes

3. Filling in a Tax Form

4. Tax Avoidance vs. Tax Evasion vs. Tax Efficiency

5. Transfer Pricing

6. Uncooperative Tax Regimes

7. Corruptive Practices

8. Stages of Money Laundering

9. Financial Fraud

10. Commercial Activities of Banks

11. An Optimal Current Account Facility

12. Payment Cards

13. Kinds of Financial Markets

14. Loans by Commercial Banks vs. Loans by Investment Banks

15. Issue and Placement of Securities

16. Underwriting of Securities

17. Money Market Securities vs. Capital Market Securities

18. Bearer vs. Order vs. Registered Securities

19. Securities issued by Public Authorities

20. Bill of Exchange as an Instrument to Transfer Indebtedness

21. Interest on Bonds, Adjustments and the Early Redemption

22. Kinds of Shares

23. Corporate Rights vs. Ownership Rights

24. Organisation Structure of an Exchange

25. Trading Rules

26. Continuous Trading vs. Single Price Auction

27. Exchange Transactions

28. Option Writer vs. Option Taker