Global Economy

Respuesta correcta: C) Inflation

• A) RecessionIncorrect. A recession is a period of temporary economic decline.
• B) DeflationIncorrect. Deflation is a decrease in prices.
• C) InflationCorrect. Inflation is the rise in prices over time.
• D) InterestIncorrect. Interest is the cost of borrowing money.

Respuesta correcta: D) has been fluctuating

• A) fluctuatesIncorrect. Present simple.
• B) fluctuatedIncorrect. Past simple.
• C) will fluctuateIncorrect. Simple future.
• D) has been fluctuatingCorrect. Present perfect continuous for an action that started in the past and is still ongoing.

Respuesta correcta: D) were removed

• A) will removeIncorrect. Inconsistent with 'would'.
• B) are removedIncorrect. First conditional.
• C) had been removedIncorrect. Third conditional.
• D) were removedCorrect. Second conditional passive for a hypothetical situation.

Respuesta correcta: D) interdependence

• A) independenceIncorrect. Interdependence is the opposite of independence.
• B) isolationIncorrect. Globalization reduces isolation.
• C) self-sufficiencyIncorrect. Self-sufficiency means not needing others.
• D) interdependenceCorrect. Interdependence means mutual reliance between countries.

Respuesta correcta: C) disproportionately

• A) equallyIncorrect. The text says it's concentrated in a 'small percentage'.
• B) fairlyIncorrect. 'Concentrated' implies it is not fair.
• C) disproportionatelyCorrect. Disproportionately means in a way that is out of proportion.
• D) minimallyIncorrect. If it's concentrated, it's not minimal.

Respuesta correcta: A) assistance

• A) assistanceCorrect. Assistance means help or support.
• B) taxIncorrect. Tax is money paid to the government.
• C) competitionIncorrect. Competition is not the primary role of the World Bank.
• D) debtIncorrect. While it involves loans, the general term for the support is assistance.

Respuesta correcta: C) will have risen

• A) riseIncorrect. Simple future needs 'will'.
• B) will riseIncorrect. Simple future.
• C) will have risenCorrect. Future perfect for an action completed by a future point.
• D) roseIncorrect. Past tense.

Respuesta correcta: B) ethically

• A) recklesslyIncorrect. Recklessly means without care.
• B) ethicallyCorrect. Ethically means in a way that is morally right.
• C) secretlyIncorrect. Transparency is usually required.
• D) aggressivelyIncorrect. While they might compete aggressively, the pressure is for ethical behavior.

Respuesta correcta: D) had implemented

• A) implementsIncorrect. Present tense.
• B) has implementedIncorrect. Present perfect.
• C) was implementingIncorrect. Past continuous.
• D) had implementedCorrect. Past perfect for an action before another past action.

Respuesta correcta: C) incompatible

• A) conduciveIncorrect. Conducive means helping to bring about.
• B) essentialIncorrect. Essential means absolutely necessary.
• C) incompatibleCorrect. Incompatible means not able to exist or work together.
• D) irrelevantIncorrect. Irrelevant means not connected.

Respuesta correcta: B) budget

• A) profitIncorrect. Profit is income minus expenses.
• B) budgetCorrect. A budget is a plan for money.
• C) assetIncorrect. An asset is something valuable.
• D) liabilityIncorrect. A liability is a debt.

Respuesta correcta: B) have been lost

• A) have lost"Have lost" is the active voice and would mean the sector itself lost the jobs. The jobs are what was lost, so the sentence needs the passive.
• B) have been lostCorrect. Present perfect passive for a process starting in the past.
• C) are losing"Are losing" is the present continuous, which would describe a loss happening now; the decade-long process already concluded, so the present perfect passive is right.
• D) lostIncorrect. Past simple.

Respuesta correcta: C) Emerging

• A) SaturatedIncorrect. Saturated markets are full.
• B) StagnantIncorrect. Stagnant markets are not growing.
• C) EmergingCorrect. Emerging markets are those of developing countries.
• D) MonopolizedIncorrect. Monopolized means controlled by one.

Respuesta correcta: D) were

• A) isIncorrect. First conditional.
• B) has beenIncorrect. Present perfect.
• C) had beenIncorrect. Third conditional.
• D) wereCorrect. Second conditional for a hypothetical situation.

Respuesta correcta: B) alleviate

• A) aggravateIncorrect. Aggravate means to make worse.
• B) alleviateCorrect. To alleviate means to make a problem less severe.
• C) ignoreIncorrect. Fair trade focuses on the problem.
• D) maintainIncorrect. The goal is to reduce poverty.

Respuesta correcta: C) multinational

• A) localIncorrect. Local companies work in one area.
• B) privateIncorrect. Private refers to ownership.
• C) multinationalCorrect. Multinational means in many nations.
• D) nonprofitIncorrect. Nonprofit refers to the goal.

Respuesta correcta: C) would control

• A) controlsIncorrect. Present simple.
• B) to controlIncorrect. Infinitive.
• C) would controlCorrect. 'Wish + would' for a desired change in behavior or situation.
• D) had controlledIncorrect. Wish about the past.

Respuesta correcta: A) gig

• A) gigCorrect. Gig economy is the term for this type of labor market.
• B) stableIncorrect. Gig work is often unstable.
• C) traditionalIncorrect. Traditional jobs are usually permanent.
• D) industrialIncorrect. Industrial refers to factories.

Respuesta correcta: B) had exceeded

• A) exceedsIncorrect. Present simple.
• B) had exceededCorrect. Past perfect for backshifting in reported speech.
• C) has exceededIncorrect. Present perfect.
• D) will exceedIncorrect. Future tense.

Respuesta correcta: C) resilient

• A) fragileIncorrect. Fragile is the opposite of resilient.
• B) stagnantIncorrect. Stagnant means not growing.
• C) resilientCorrect. Resilient means able to withstand or recover quickly from difficult conditions.
• D) volatileIncorrect. Volatile means liable to change rapidly and unpredictably.