1.

1). It will be better if such shocks happen, but it also okay if they don't.2). It will be in everyone's best interest if such shocks do not occur.3). It will be very difficult but not impossible for the economies to survive without such trade wars.4). They can continue their progress even without such shocks.

Answer»

The correct answer is OPTION? 2.

'Can do WITHOUT' means managing without or ADJUSTING. Clearly, since the entire paragraph talks about the cons and problems being created by the trade war, in context of the passage, the AUTHOR takes a sarcastic tone to reflect on the fact that it would be best if such shocks do not occur. THUS, option 2 is correct. 



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