To organize - organization

Drill 3. Use the following verbs in the form of Present Participle (Participle I) and Past Participle (Participle II) according to the model and translate them:

Drill 4. Find the synonyms for the following words and expressions in the text:

Drill 5. Find the opposites of the following words and expressions in the text:

Drill 6. Guess the terms which can be explained by the following statements:

1. A country characterized by low levels of Gross Domestic Product and income per head.
2. The charge made for borrowing money in the form of a loan.
3. Monetary assets that are used to settle balance of payment deficits between countries.
4. All the surrounding conditions which influence growth and development.
5. Money received by individuals and firms in the form of wages, salaries, rent, interest, profit, unemployment benefit, state pensions, etc.

Drill 7. Check your comprehension:

1. What was the reason for the World Bank establishment?
2. How much is the estimated growth of the world population during the next 50 years?
3. What is the main aim of the World Bank’s activities?
4. What efforts of developing countries governments does the World Bank support?
5. What facilities does the World Bank Group provide to developing countries?
6. Under what conditions does the World Bank provide loans to developing countries?
7. What are the differences between the activities of the World Bank and the International Monetary Fund? Enlist them in the box below:

UNIT III.