Some economists say that South Korea, while still deep in______, feels confident in its economy to increase its reserves.

【正确答案】 A

【答案解析】解析：本题为词义辨析。A项recession意为"(经济)衰退"，B项recovery意为"复苏，收复"，C项reduction意为"削减，缩小"，D项reception意为"接受，接待"。根据题意，A为正确答案。