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Commentator: The theory of trade retaliation states that

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Commentator: The theory of trade retaliation states that [#permalink] New post 10 Jul 2004, 18:40
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Please attempt with reasoning :snipersmile:

Commentator: The theory of trade retaliation states that countries closed out of any of another country’s markets should close some of their own markets to the other country in order to pressure the other country to reopen its markets. If every country acted according to this theory, no country would trade with any other.

The commentator’s argument relies on which of the following assumptions?

(A) No country actually acts according to the theory of trade retaliation.

(B) No country should block any of its markets to foreign trade.

(C) Trade disputes should be settled by international tribunal.

(D) For any two countries, at least one has some market closed to the other.

(E) Countries close their markets to foreigners to protect domestic producers.

Last edited by doe007 on 17 Apr 2013, 20:38, edited 2 times in total.
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 [#permalink] New post 14 Jun 2007, 10:41
think I saw this on the OG.

B, C & E are not relevant

Between A & D, better answer is D
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Commentator: The theory of trade retaliation states that [#permalink] New post 05 Aug 2009, 18:47
Commentator: The theory of trade retaliation states that countries closed out of any of another country’s markets should close some of their own markets to the other country in order to pressure the other country to reopen its markets. If every country acted according to this theory, no country would trade with any other.

The commentator’s argument relies on which of the following assumptions?
(A) No country actually acts according to the theory of trade retaliation.
(B) No country should block any of its markets to foreign trade.
(C) Trade disputes should be settled by international tribunal.
(D) For any two countries, at least one has some market closed to the other.
(E) Countries close their markets to foreigners to protect domestic producers
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Commentator: The theory of trade retaliation states that [#permalink] New post 09 Oct 2010, 02:05
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Commentator: The theory of trade retaliation states that countries closed out of any of another country’s
markets should close some of their own markets to the other country in order to pressure the other country to
reopen its markets. If every country acted according to this theory, no country would trade with any other.
The commentator’s argument relies on which of the following assumptions?
(A) No country actually acts according to the theory of trade retaliation.
(B) No country should block any of its markets to foreign trade.
(C) Trade disputes should be settled by international tribunal.
(D) For any two countries, at least one has some market closed to the other.
(E) Countries close their markets to foreigners to protect domestic producers.

OA will be given tomorrow.

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Last edited by ankitranjan on 10 Oct 2010, 02:35, edited 1 time in total.
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Re: CR4 [#permalink] New post 09 Oct 2010, 03:08
ankitranjan wrote:
Commentator: The theory of trade retaliation states that countries closed out of any of another country’s
markets should close some of their own markets to the other country in order to pressure the other country to
reopen its markets. If every country acted according to this theory, no country would trade with any other.
The commentator’s argument relies on which of the following assumptions?
(A) No country actually acts according to the theory of trade retaliation.
(B) No country should block any of its markets to foreign trade.
(C) Trade disputes should be settled by international tribunal.
(D) For any two countries, at least one has some market closed to the other.
(E) Countries close their markets to foreigners to protect domestic producers.

OA will be given tomorrow.

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By POE method,
A -- New claim or information. Eliminated.
B -- Again new statement/comment. Eliminated.
C -- Out of scope.
E -- Out of scope.

Answer should be D.
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Re: CR-Trade Retaliation...(Excellent Question) [#permalink] New post 09 Feb 2013, 00:57
If every country acted according to this theory, NO country WOULD TRADE WITH ANY OTHER...

(A) No country actually acts according to the theory of trade retaliation.
Who would do it in actuality is not the issue.... The conclusion is hypothetical after all...

(B) No country should block any of its markets to foreign trade.
What must be done or not.. is irrelevant to the hypothetical issue... Ethics or Right conduct is irrelevant...

(C) Trade disputes should be settled by international tribunal.
Disputes irrelevant...

(D) For any two countries, at least one has some market closed to the other.
By Negation: If there are at least two countries with no market closed to each other then the hypothetical conclusion will not hold... Hence, it needs to be assumed that any two countries selected will qualify for the theory... BINGO!

(E) Countries close their markets to foreigners to protect domestic producers.
What they did in actuality is irrelevant...
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Commentator: The theory of trade retaliation states that [#permalink] New post 06 Mar 2013, 06:59
Commentator: The theory of trade retaliation states that countries closed out of any of another country’s
markets should close some of their own markets to the other country in order to pressure the other country to
reopen its markets. If every country acted according to this theory, no country would trade with any other.
The commentator’s argument relies on which of the following assumptions?
(A) No country actually acts according to the theory of trade retaliation.
(B) No country should block any of its markets to foreign trade.
(C) Trade disputes should be settled by international tribunal.
(D) For any two countries, at least one has some market closed to the other.
(E) Countries close their markets to foreigners to protect domestic producers
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Re: Commentator: The theory of trade retaliation states that cou [#permalink] New post 06 Mar 2013, 10:47
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The stimulus is saying that a tit-for-tat approach will just render international trade meaningless because each country would close some other market in retaliation to the other country's decision to close some market. This process would then continue till all markets for each country are closed to all others, and no country would trade with any other.

For this to happen, each country must close at least one market to every other country to begin the chain. This is exactly what option D states and is therefore the right answer.
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Re: Commentator: The theory of trade retaliation states that [#permalink] New post 16 Apr 2013, 10:12
forrestgump wrote:
Commentator: The theory of trade retaliation states
that countries closed out of any of another
country’s markets should close some of their
own markets to the other country in order to
pressure the other country to reopen its mar-
kets. If every country acted according to this
theory, no country would trade with any other.

The commentator’s argument relies on which of the
following assumptions?
(A) No country actually acts according to the theory
of trade retaliation.
(B) No country should block any of its markets to
foreign trade.
(C) Trade disputes should be settled by international
tribunal.
(D) For any two countries, at least one has some
market closed to the other.
(E) Countries close their markets to foreigners to
protect domestic producers.


I picked B.Need explanation plz
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Re: Commentator: The theory of trade retaliation states that [#permalink] New post 16 Apr 2013, 11:05
mun23 wrote:
forrestgump wrote:
Commentator: The theory of trade retaliation states
that countries closed out of any of another
country’s markets should close some of their
own markets to the other country in order to
pressure the other country to reopen its mar-
kets. If every country acted according to this
theory, no country would trade with any other.

The commentator’s argument relies on which of the
following assumptions?
(A) No country actually acts according to the theory
of trade retaliation.
(B) No country should block any of its markets to
foreign trade.
(C) Trade disputes should be settled by international
tribunal.
(D) For any two countries, at least one has some
market closed to the other.
(E) Countries close their markets to foreigners to
protect domestic producers.


I picked B.Need explanation plz


Lets understand it by example. Suppose there are three countries A B and C. We need to met the conclusion "No country would trade with any other."
Consider A and B in view of statement D. If A has market closed to B, then B will retaliate. Similarly, B closed to C then C will retaliate and likewise between A and C.
In case of B "No country should block any of its markets to foreign trade."
First of all it is strong because of usage of word No Country. Secondly, B talks about markets of foreign trade. example agriculture, energy, etc. One need not open foreign market for all sectors. One can be impacted by trade retaliation by trading in one sector as well.

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Re: CR-Trade Retaliation...(Excellent Question) [#permalink] New post 17 Apr 2013, 20:35
All duplicate threads on this topic have been merged.

Please check and follow the Guidelines for Posting in Verbal GMAT forum before posting anything.
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Re: Commentator: The theory of trade retaliation states that [#permalink] New post 18 Jun 2013, 16:42
I cannot make the difference between A, B and D? According to the conclusion, why D? A and B seem to work too...
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Re: Commentator: The theory of trade retaliation states that [#permalink] New post 03 Nov 2013, 19:05
I found this question.
Though I marked D, but still I am not convinced with the explanation. Can somebody please give some concrete reason to select D, except POE.
What should be the pre-thinking?
Expert advice need.
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Re: Commentator: The theory of trade retaliation states that [#permalink] New post 05 Dec 2013, 11:46
My 2 cents :)

Trade retaliation theory says that one country should close some of its markets in retaliation if other country is also closing some market ( as give in question )

Now Commentator arrives at conclusion that if every country followed this theory than no country would trade with each other.

Now Commentators point of view : Countries are not following this theory, if country A has closed some of its market for country B then as per the theory country B should also have closed some of its market, and in that case no one will be able to trade, but that is not the case country A has closed some of its market and B is not following this theory that is the reason they are able to trade with each other.

Therefore D is right. Commentator assumes that country A has some market closed for country B, but they are still trading, bcz they are not following trade retaliation theory, else they would not be trading.

(D) For any two countries, at least one has some market closed to the other. ( but these countries are still trading bcz they are not acting as per the theory)
now relate above assumption to " if every country followed this theory than no country would trade with each other."

Option A's scope is wide and vague, No country.

Give a deep thought for 5min at least, this question is a brain twister, and option A and D appear possible choices.
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Re: Commentator: The theory of trade retaliation states that [#permalink] New post 28 Jun 2014, 18:17
I found this one confusing! I am just starting CR problems and I guess I need to be on the lookout for things like this.

When I read "the argument relies on which of the following assumptions," I read it to mean "the following assumptions about how markets work" rather than "the following assumptions about this theoretical situation". So the answer "for any two countries, at least one has some market closed to the other" sounded to me like that would have to be happening in the world right now to support this theory which is of course ridiculous. It seems tricky that the hypothetical situation was referred to in the stimulus with conditional language (country's markets should, no country would) and the answer referring to that situation is in an active voice, I didn't pick up that they were linked...
Re: Commentator: The theory of trade retaliation states that   [#permalink] 28 Jun 2014, 18:17
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Commentator: The theory of trade retaliation states that ankitranjan 0 09 Oct 2010, 11:54
Commentator: The theory of trade retaliation states that snipertrader 0 05 Aug 2009, 22:59
Commentator: The theory of trade retaliation states that Caas 0 14 Jun 2007, 10:41
Commentator: The theory of trade retaliation states that rahulraao 0 06 Oct 2005, 12:02
Commentator: The theory of trade retaliation states that forrestgump 0 16 Apr 2013, 11:05
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