A if the term vegetarian cannot be misleading

 
100 
In the mid-1970s, after 30 years of quick growth and unprecedented prosperity for the major Western 
economies, the prospects for continued growth became much less favourable. This resulted partly from the 
acceleration of inflation in many countries, bringing with it insecurity and militancy in industrial relations. 
However, the primary cause was the remarkable increase in the price of oil in 1974 and again in 1980, a 
fuel on which the Western economies had become heavily dependent. This produced a strong burst of 
inflation; and, because much of the oil revenue accruing to producers could not be spent, caused an 
unprecedented balance of payments problem and severe world recession. 
16. One can conclude from the passage that, in the three decades prior to the mid-nineteen seventies 
............. . 
A) industrial relations in the West had deteriorated to a marked extent 
B) most Western economies entered a -phase of insecurity and industrial decline 
C) inflation in industrialized countries had reached an unprecedented level 
D) the economic position had met with numerous setbacks 
E) the West experienced a period of unparalleled economic boom 
17. It is emphasized in the passage that rising oil prices in 1974 and 1980 .............. 
A) opened the way to ruin of many Western economies 
B) had actually very little impact on world economies 
C) provided the West with the opportunity of developing alternative fuels 
D) was a direct result of the growing inflation in the West 
E) helped to prevent the rise the militancy in industrial relations 
18. It is shown in the passage that the economic recession in the mid-1970 was largely due to the fact 
that............. . 
A) most Western countries ignored their balance of payments policies 
B) there was a high rate of unemployment in the West 
C) Western economies failed to maintain good industrial relations 
D) much of the profit made by oil producers was channelled back into world economies 
E) Western economies were increasingly dependent upon oil imports 
Tavi Fabrics is a Portuguese textile and clothing firm which, until recently, employed about 300 workers and 
had a turnover of 6 million pounds. Now, however, Tavi is facing serious problems. In the last two years its 
fabric sales have remained steady, but profits have declined sharply. This is because Pakistani and Italian 
suppliers have been forcing prices down. In the ready-to-wear market, the condition is much worse. 
Competition is cut-throat. Exporters from 24 low-cost countries are fighting for a share in the European 
market. Tavi is suffering from this competition. The stores are now bargaining hard over prices, and Tavi 
has already lost two important orders. 
19. The passage shows the case of a textile firm which, ............. . 
A) in recent years, has recovered its lost markets by introducing drastic measures 
B) on the whole, has been showing a steady improvement in its position 
C) owing to fierce international competition, is having 10 struggle to survive 
D) quite unfairly, has laid off more than half of its work force 
E) in the long run, seems likely to defeat its main competitors 
20. We can conclude from the passage that the area which has been hit worst by international competition 
............. . 

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