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  3. When the residents of Buenos Aires want to change the pesos they do not trust into the dollars they do, they go to a cueva, or "

When the residents of Buenos Aires want to change the pesos they do not trust into the dollars they do, they go to a cueva, or "

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问题     When the residents of Buenos Aires want to change the pesos they do not trust into the dollars they do, they go to a cueva, or "cave" , an office that acts as a front for a thriving illegal exchange market. In one cueva near Florida Street, a pedestrian avenue in the centre of the city, piles of pesos from previous transactions lie on a table. A courier is getting ready to carry the notes to safety-deposit boxes.
    This smallish cueva handles transactions worth $50,000-75,000 a day. Fear of inflation and of further depreciation of the peso, which fell by more than 20% in January, will keep demand for dollars high. Few other ways of making money are this good. "Modern Argentina does not offer what you could call an institutional career," says one cueva owner.
    As the couriers carry their bundles around Buenos Aires, they pass grand buildings like the Teatro Colón, an opera house that opened in 1908, and the Retiro railway station, completed in 1915. These are emblems of Argentina’s Belle époque, the period before the outbreak of the first world war when the country could claim to be the world’s true land of opportunity. In the 43 years leading up to 1914, GDP had grown at an annual rate of 6% , the fastest recorded in the world. The country was a magnet for European immigrants, who flocked to find work on the fertile pampas, where crops and cattle were propelling Argentina’s expansion. In 1914 half of Buenos Aires’s population was foreign-born.
    The country ranked among the ten richest in the world, after the likes of Australia, Britain and the United States, but ahead of France, Germany and Italy. Its income per head was 92% of the average of 16 rich economies. From this point, it looked down its nose at its neighbours: Brazil’s population was less than a quarter as well-off.
    It never got better than this. Although Argentina has had periods of robust growth in the past century—not least during the commodity boom of the past ten years—and its people remain wealthier than most Latin Americans, its standing as one of the world’s most vibrant economies is a distant memory. Its income per head is now 43% of those same 16 rich economies; it trails Chile and Uruguay in its own backyard.
Argentina’s boom is a distant memory because ______.
选项 A、its economy has been stagnant for a century
B、it is one of the world’s most vibrant economies
C、it is now less wealthier than most of its neighbours
D、its average income is much lower than ever before
答案D
解析 根据题干中的“a distant memory”定位到最后一段第二句。其中“Argentina’s boom”对应“its standing as one of the world’s most vibrant economies”。该题答案来自distant memory后面的一句：Its income per head is now 43％ of those same 16 rich economies；it trails Chile and Uruguay in its own backyard．其中，“Its income per head”对应“its average income”；“43％”(之前是92％)对应“much lower than ever before”。故答案为选项D。
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