The word "coffers" in line 39 means treasury.
A,B,D,E,- None makes sense in the context of the sentence when substituted
Latin America needs to have free trade with the U.S. to gain economic
stability. This may be one of the steps towards reform.
A. Incorrect. Latin America is making progress
and it is definitely not too late for reform.
C. Incorrect. This region is looking forward to gaining free trade
with the U.S.
D. Incorrect. Latin America is making progress, it only needs
a new wave of reform.
E. Incorrect. Even if Latin America is making economic progress,
it needs some policy to maintain economic stability.
The word "behemoths" in line 98 means big companies.
B,C,D,E- None makes sense when substituted for "behemoths"
The word "profligacy" in line 87 means wild extravagancy.
- It means the opposite of frugality, so A is eliminated. So is C.
It is clear from the first paragraph that U.S.A had promised Chile
that it would be invited to join NAFTA
A. Incorrect. Chile is still waiting to be invited
by the U.S. to join NAFTA.
C. Incorrect. The wait will soon be over.
D. Incorrect. Chile is looking forward to join NAFTA.
E. Incorrect. It has not been mentioned anywhere in the passage.
The word "euphoria" describes a feeling of well-being or elation. Euphoria
is extreme happiness, so A can be eliminated C is not a powerfully positive
D&E are negative words. Euphoria requires a strong positive word.
The passage deals with the booming economy of Latin America. The continent
is looking forward to conduct free trade with the U.S. and it is on path
to that goal.
A. Incorrect. The idea of "fast track" is
not quite clear.
C. Incorrect. The passage does not really deal with profligacy.
D. Incorrect. Economizing or being frugal is not the main
issue discussed in the passage.
E. Incorrect. There is no mention of an ethnic problem in
(Use the process of elimination to find the correct answer to this
Eliminate A : The author has cited many authorities:
in the first paragraph, he cites the U.S. Trade Representative "And
we expect ..."
Eliminate B : The author has given many examples
in the passage. For instance, the economy of Brazil, Argentina, Venezuela
Eliminate C : The author poses a question: Will
Latin America soon run over a ? Eliminate D : The author
compares the economic condition of different countries in Latin America.
He never dismisses a possibility.
The passage deals mainly with the issue of Chile not yet being invited
to join the NAFTA. This is clear from the fifth paragraph of the passage.
Since the economy is booming, the region's stock-exchange will naturally
thrive. A is addressed in lines# 19-26, and B is addressed in lines