Critical Reasoning (CR) | Re: The World Bank president recently warned that the world was in

­The World Bank president recently warned that the world was in a precarious position. He called rising food and oil prices a man-made catastrophe that could jeopardize the gains made in overcoming poverty over the past seven years. Asian governments are battling on their own, though it is unlikely that Asia will run into a financial crisis.

Which of the following about Asia, if true helps most to justify the optimism displayed by the writer?

A. Inflation throughout Asia is likely to continue to rise for at least a year.

B. Asia has a track record of booming economic growth.

C. Price inflation affects the middle class most as they have to spend a larger portion of their income on food.

D. Rise in food and fuel prices is an international concern and Asian governments have their own fish to fry.

E. Asian countries have large currency reserves and healthybanks.