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Director
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According to some analysts, whatever its merits, the [#permalink]
 15 Aug 2006, 00:21
Question Stats:
0% (00:00) correct
 0% (00:00) wrong based on 0 sessions
According to some analysts, whatever its merits, the proposal to tax away all capital gains on short-term investments would, if enacted, have a disastrous effect on Wall Street trading and employment.
(A) its merits, the proposal to tax
(B) its merits may be, the proposal of taxing
(C) its merits as a proposal, taxing
(D) the proposal’s merits, to tax
(E) the proposal’s merits are, taxing
I completely blew this one....
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CEO
Joined: 20 Nov 2005
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Schools: Completed at SAID BUSINESS SCHOOL, OXFORD - Class of 2008
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I also blew this one. Paul provided an excellent explanation.
http://www.gmatclub.com/phpbb/viewtopic.php?t=2287
_________________
SAID BUSINESS SCHOOL, OXFORD - MBA CLASS OF 2008
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Director
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A it is. because 'its' refer to proposal correctly.
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Director
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The OA is indeed A. Thanks for the pointer, psd 
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