Questão número 638073

Read the text below, which is entitled ''Another country'', in order to answer questions 21 to 23.

Another country 

Source:www.economist.com Jul 21st 2005 (Adapted)

No matter where one goes in Argentina these days, evidence of the country?s remarkable economic recovery is hard to avoid. Since its collapse in 2001-02, Argentina?s economy has grown by a quarter. According to government estimates, it has finally surpassed its previous peak of May 1998. In another sign that the worst is over, on July 18th the government issued dollar bonds for the first time since its massive debt default in 2001. But while the economy may have recovered its former size, it is different in many ways. Some of the imbalances of the 1990s have been fixed: budget deficits have turned into surpluses; devaluation has ignited exports; and the public debt has been restructured.

The author refers to Argentina's recovery as

  • a.

    likely to happen.

  • b.

    already taking place.

  • c.

    on the verge of beginning.

  • d.

    unlikely to occur.

  • e.

    being severely criticized.

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