English Cloze test Economy
In the passage given below there are 5 blanks, each followed by a word given in bold. Even blank has four alternative words given in options (A),(B),(C) and (D).
THE phrase “Pacific island” conjures images of white-sand beaches, turquoise seas and cocktails served in halved coconuts. Alas, the reality is not quite so (1)______ . Most of the countries of the Pacific are poor and poorly run. Their tiny size and remoteness are obstacles enough to (2)______ . Now, thanks to global warming, they must also (3)______ with rising seas and increasingly frequent and severe storms.
The biggest regional economies belong to the predominantly Melanesian countries closest to Asia: Fiji, Papua New Guinea (PNG) and Timor-Leste (which considers itself both a Pacific and a South-East Asian country). Fiji’s leading export has long been sugar; sugar cane covers three-quarters of its arable land. But output is falling, and its future is uncertain: for years Fijian sugar has benefited from (4)_______ access to the European Union, but that is scheduled to end next year. Competing on the open market against bigger producers with lower production and transport costs, such as Brazil and India, will be (5)_____ . Fortunately, Fiji has a robust and growing tourism industry and, like many Pacific countries, reliable remittances from overseas workers.
- A) wretched
B) blissful
C) undertaking
D) recant
- A) disparity
B) poverty
C) victory
D) prosperity
- A) contend
B) oppose
C) jostle
D) comply
- A) restricted
B) preferential
C) doubtful
D) limited
- A) easy
B) difficult
C) fruitful
D) hindered
In the passage given below there are 5 blanks, each followed by a word given in bold. Even blank has four alternative words given in options (A),(B),(C) and (D).
Measuring GDP requires adding up the value of what is produced, net of inputs, across a wide variety of business lines, (6)_______ each according to its importance in the economy. Both the output and the materials (if any) used up in making it have to be adjusted for inflation to arrive at a figure that allows for comparison with what has gone before.
This is (7)_____ enough to do for an economy of farms, production lines and mass markets—the setting in which GDP was first introduced. For today’s rich economies, (8)______ by made-to-order services and increasingly (9)______ to the quality of experience rather than the production of ever more stuff, the trickiness is raised to a higher level. No wonder GDP statistics are still so prone to constant and substantial (10)______ . The problem is not just that it is hard to make these calculations. It is that what the calculations produce is a measure put to too many purposes, and, though useful, not truly fit for any of them. And there are worries that things may be getting worse.
- A) managing
B) restricting
C) rectifying
D) weighting
- A) smart
B) tricky
C) good
D) formal
- A) dominated
B) neglected
C) repealed
D) parsed
- A) ensued
B) geared
C) effaced
D) frame
- A) worsening
B) amendment
C) revision
D) clause
