міжнародними організаціями, основні правові норми, гарантувати торгові права, дотримуватися торгової політики, міжнародні економічні відносини, світовий банк, надавати позику, головне управління.
Exercise 2. Match words from list A with words list B that have a similar meaning:
A B
global manage
administer universal
dispute supervise
trade lawful
assist transact
cooperate contract
agreement collaborate
negotiate help
legal quarrel
oversee oblige
bind commerce
Exercise 3. Match the word with the correct definition from the list below:
the contract, dealings, trade agreement, commerce, ground rules, negotiating, the World Bank, the World Trade Organization;
1. an international organization that promotes trade in goods and services between nations;
2. an arrangement between countries to follow certain rules on pricing, import duties, etc. when buying and selling to each other;
3. the process of trying to reach an agreement through discussion;
4. the central bank, controlled by the United Nations, that lends money to member state;
5. a set of rules;
6. business in general in the buying and selling of goods and services within a country, and with other countries;
7. business done between people or organizations;
8. an agreement, usually written and signed by those making it.
Exercise 4. Write an appropriate word or phrase in the sentences:
administered, oversee, settle, commerce, the World Bank, dealings (2), barriers, trade disputes, the negotiating, trading, agreement.
1. His company has just signed a trade ... with Japan.
2. This new ... company imports craft goods from South America.
3. ... between the two countries resulted in a new trade agreement.
4. One of the main functions of the WTO is to settle ... .