Make Your Way 6, Schulbuch mit Audio-CD und CD-ROM

There are many players in the globalisation debate. Match the words in the box with the definitions in the text. There is one word that you should not use. Check your ideas with your teacher. 2 The World Bank Fair Trade The World Trade Organization (WTO) The General Agreement on Trade in Services (GATS) The International Labour Organization (ILO) The G8 The International Monetary Fund (IMF) The World Social Forum * See info box in 7 . 1 _______________ is a club consisting of the leaders of Germany, Canada, the United States, France, Italy, Japan, the United Kingdom and Russia, plus the president of the European Union. At their informal summits, they discuss major world issues from terrorism to the global economy. They are seen by many people as being exclusive and interfering. 2 ___________________________ is the only global organization which deals with the rules of trade between nations. It develops agreements which are negotiated and signed by most of the world’s trading nations. Its goal is to make business between countries easier. 3 ______________________ is an agency of the United Nations concerned with the health of the world’s economy. It is responsible for the international monetary system, a system of international payments and exchange rates among national currencies that enables business to take place between countries. 4 _________________________ is also an agency of the United Nations and is one of the world’s largest sources of development assistance. This “bank” works to help developing * countries build schools and health centres, provide water and electricity, fight disease, and protect the environ- ment by providing low-interest loans, interest- free credits and development grants. 5 ___________________________ is one of the more controversial ideas of the WTO. This agreement would extend WTO rules to include areas such as education, health, environmental services and tourism. Many people feel this would be disastrous for the environment, health and local communities. 6 __________________________ is an international organization for all those opposed to globalisation. It offers an open stage where groups can meet and discuss alternative ideas to capitalism and a world dominated by money. The first forum in Brazil (2001) was attended by 20,000 participants from 117 countries. 7 _______________________________ is based on the idea that developed countries should pay a fair price for goods and food from developing * countries. It is in direct opposition to the ideas behind free trade, which allows the developed world to exploit the workforces of the rest of the world. The G8 141 2 Compact unit 2: Globalisation and its effects Nur zu Prüfzwecken – Eigentum des Verlags öbv