
Revolution in the Air: Brazil is an island of relative stability Latin Stock-Corbis
The specter of rising food and fuel prices now threatens to destroy an era of unprecedented global prosperity, with two notable exceptions: Brazil and Canada. Both countries produce and export enough food and fuel not just to offset the worst of global inflationary pressures but even to turn the price spike from a menace to a boon. They are the only two major economies ___( I )___ prices have not burst the upper limit of the central bank’s inflation target. And of the two, Brazil is by far the more surprising success story. The country ___( II )___ suffered the longest and perhaps the most debilitating bout of hyperinflation in recent history is now a rare island of relative stability and prosperity. Brazil’s inflation is running at 6.5 percent, a rate ___( III )___ worries the country’s money minders but thanks to their zeal is still the lowest level in all the major emerging markets.
(www.newsweek.com)
The relative pronouns that properly fill in blanks I, II and III, in the text, are