Neither a rising standard of living nor balanced trade, by

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Neither a rising standard of living nor balanced trade, by [#permalink]

10 Oct 2006, 15:11

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Neither a rising standard of living nor balanced trade, by itself, establishes a countryâ€™s ability to compete in the international marketplace. Both are required simultaneously since standards of living can rise because of growing trade deficits and trade can be balanced by means of a decline in a countryâ€™s standard of living.
If the facts stated in the passage above are true, a proper test of a countryâ€™s ability to be competitive is its ability to
(A) balance its trade while its standard of living rises
(B) balance its trade while its standard of living falls
(C) increase trade deficits while its standard of living rises
(D) decrease trade deficits while its standard of living falls
(E) keep its standard of living constant while trade deficits rise

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10 Oct 2006, 15:37

I think A

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10 Oct 2006, 19:42

Only A conveys the meaning of the passage.

Balanced trade and higher standards of living are the characteristics of a country capable of competing in the international market place.

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10 Oct 2006, 19:44

one more A.
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11 Oct 2006, 13:13

Balancing trade with the increasing phase of standard of living is the most appropriate.

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11 Oct 2006, 20:26

sure A

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12 Oct 2006, 12:51

One more for A.

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12 Oct 2006, 21:31

Got A.

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13 Oct 2006, 01:09

Straight A.
To be competitive trade deficits not increase and standards of living should rise.

[#permalink] 13 Oct 2006, 01:09

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Neither a rising standard of living nor balanced trade, by

Neither a rising standard of living nor balanced trade, by

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