A in “Itlooks and smells like ordinary crude oil.” (line 5),itrefers to “beaker” (line 4).
B in “The danger for Brazil,ifit fails to manage this windfall wisely, is of falling victim to ‘Dutch disease.’ ” (lines 28-29), it refers to “danger” (line 28).
C in “... Brazilian engineers seeitas a new frontier.” (lines 59-60),itrefers to “coast” (line 58).
D in “makingitharder for Brazilian exporters of manufactured goods.” (lines 75-76),itrefers to “stream” (line 75).
E in “ ‘it’s just going to be starved for those resources,’ says Harvard’s Prof Rogoff.” (lines 81-83),itrefers to “China” (line 81)