Find all School-related info fast with the new School-Specific MBA Forum

It is currently 19 Apr 2014, 14:32

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Statement of a United States copper mining company: Import

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Senior Manager
Senior Manager
User avatar
Joined: 05 Apr 2007
Posts: 267
Followers: 1

Kudos [?]: 14 [0], given: 1

GMAT Tests User
Statement of a United States copper mining company: Import [#permalink] New post 27 Jun 2009, 07:52
00:00
A
B
C
D
E

Difficulty:

  5% (low)

Question Stats:

33% (01:02) correct 66% (01:38) wrong based on 3 sessions
Statement of a United States copper mining company: Import quotas should be imposed on the
less expensive copper mined outside the country to maintain the price of copper in this country;
otherwise, our companies will not be able to stay in business.
Response of a United States copper wire manufacturer: United States wire and cable
manufacturers purchase about 70 percent of the copper mined in the United States. If the
copper prices we pay are not at the international level, our sales will drop, and then the
demand for United States copper will go down.
If the factual information presented by both companies is accurate, the best assessment of the
logical relationship between the two arguments is that the wire manufacturer’s argument
(A) is self-serving and irrelevant to the proposal of the mining company
(B) is circular, presupposing what it seeks to prove about the proposal of the mining company
(C) shows that the proposal of the mining company would have a negative effect on the mining
company’s own business
(D) fails to give a reason why the proposal of the mining company should not be put into effect
to alleviate the concern of the mining company for staying in business
(E) establishes that even the mining company’s business will prosper if the mining company’s
proposal is rejected
_________________

Choose Life

Manager
Manager
Joined: 15 May 2009
Posts: 172
Followers: 4

Kudos [?]: 16 [0], given: 3

Re: Mining [#permalink] New post 27 Jun 2009, 10:14
trainspotting wrote:
Statement of a United States copper mining company: Import quotas should be imposed on the
less expensive copper mined outside the country to maintain the price of copper in this country; otherwise, our companies will not be able to stay in business.
Response of a United States copper wire manufacturer: United States wire and cable manufacturers purchase about 70 percent of the copper mined in the United States. If the copper prices we pay are not at the international level, our sales will drop, and then the demand for United States copper will go down.
If the factual information presented by both companies is accurate, the best assessment of the logical relationship between the two arguments is that the wire manufacturer’s argument
(A) is self-serving and irrelevant to the proposal of the mining company
(B) is circular, presupposing what it seeks to prove about the proposal of the mining company
(C) shows that the proposal of the mining company would have a negative effect on the mining company’s own business
(D) fails to give a reason why the proposal of the mining company should not be put into effect to alleviate the concern of the mining company for staying in business
(E) establishes that even the mining company’s business will prosper if the mining company’s proposal is rejected


(A) involves a judgment based on personal opinion, which is usually (& in this case clearly) wrong.
(B) Don't really see what's circular about it...
(D) Clearly wrong, as the response did give a reason, regardless of the merits of that reason.
(E) Close, but not quite. The miners will still face increased competition if the proposal is rejected; it would be wrong to automatically conclude that the miners will come out of this 'prospering'.

(C) is the best choice for me. The manufacturer describes a logical chain of events that outlines how the miners might be hurt (via decreased demand) by the implementation of the proposal.
Re: Mining   [#permalink] 27 Jun 2009, 10:14
    Similar topics Author Replies Last post
Similar
Topics:
Popular new posts Statement of a United States copper mining company: Import rahulraao 17 13 Sep 2005, 02:11
New posts Statement of a United States copper mining company: Import crisnas 8 26 Sep 2005, 10:15
New posts Statement of a United States copper mining company: Import Avis 6 19 Feb 2006, 21:13
New posts Statement of a United States copper mining company: Import punnu_mba 6 18 Sep 2006, 11:15
New posts Statement of a United States copper mining company: Import financeguy 5 06 Aug 2007, 04:25
Display posts from previous: Sort by

Statement of a United States copper mining company: Import

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.