The passage below has gaps numbered 31 to 40. Immediately following each gap, four options are provided. Choose the most appropriate option for each gap. The economic miracle of the so called Asian Tigers was subject to much debate and analyses in the early 1990s among economists. There were basically two schools of __31__ [A. reasoning B. ideas C. practice D. thought]. One, that the Asian Tigers’ economic miracle was a case of ‘miracles beyond the free market’ and so to repeat such miracles or something near it, do not leave the __32__ [A. economy B. structure C. miracle D. analyses] to the invisible hands of the free market with its sometimes profoundly anti-social overtones. There was a place for, and indeed a great virtue in, state __33__ [A. market B. intervention C. persuasion D. enforcement]. The group __34__ [A. synthesized B. analyzed C. believed D. recommended] that it was not so much a miracle that was either beyond the free market or, for that matter, one induced by equally unpredictable, even if visible, hands of politicians and policy __35__ [A. deciders B. master C. executors D. makers]. The Asian __36__ [A. experience B. practice C. logic D. method] was rather one of a cultural phenomenon blending with good policies to produce a delightfully desirable spectacle of progress and __37__ [A. purpose B. affluence C. prospect D. prosperity]. The concern of the economists was how to replicate such man-made miracles in many other countries of the world enduring the __39__ [A. anger B. risk C. throes D. punishment] of unrelenting and __40__ [A. momentous B. compelling C. scorching D. aggravating] poverty.
Posted on: Sun, 07 Jul 2013 12:01:28 +0000
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