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Which of the following most logically completes the [#permalink]
 14 Sep 2006, 11:12
Question Stats:
66% (02:22) correct
33% (01:39) wrong based on 3 sessions
Which of the following most logically completes the argument?
Utrania was formerly a major petroleum exporter, but in recent decades economic stagnation and restrictive regulations inhibited investment in new oild fields. In consequence, Utrania oil exports dropped steadily as old fields became depleted. Utrania's currently improving economic condition, together with less restrictive regulations, will undoubtedly result in the rapid development of new fields. However, it would be premature to conclude that the rapid development of new fields will result in higher oil exports, because:
A. the price of oil is expected to remain relatively stable over the next several years.
B. the improvement in the economic situation in Utrania is expected to result in a dramatic increase in the proportion of Utranian's who own automobiles.
C. most of the investment in the oil fields in Utrania is expected to come from foreign sources.
D. new technology is available to recover oil from old oil fields formerly regarded as depleted.
E. many of the new oil fields in Utrania are likely to be as productive as those that were developing during the period when Utrania was a major oil exporter.
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A, B, C are out of scope...
I think the answer is D beacause....There is a possibilty that the new technology is available to recover oils from the old fields formerly regarded as depleted...That it is premature to conclude the rapid development of new fields will result in Higher oil exports...they are stressing on OLD oil fields or NEW oil fields.
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IMO B
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whats the OA?
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I will go with B.
The old and new oil field argument is just here to confuse the answers. The fact is - "... will undoubtedly result in the rapid development of new fields." With new fields developing the oil production will surely increase the total oil output. Unless of course if the oil produced is consumed locally...
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OA is B.
Very tricky question, IMO.
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B for sure.
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I narrowed it down to B and C.
I chose C.
Can anyone please explain why C is wrong?
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kripalkavi wrote: I narrowed it down to B and C.
I chose C.
Can anyone please explain why C is wrong?
It is an irrelevant statement. What if the investment comes from a foreign source? Still Utrania can be an exporter.
Utrania can't be an exporter because, all the oil is going to be consumed domestically.
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B. the improvement in the economic situation in Utrania is expected to result in a dramatic increase in the proportion of Utranian's who own automobiles
If the new oil fields generated oil is used internal to Utrania then the exports will not increase.
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bit late ... straight B. If there is increase in domestic demand it will affect oil required for exports
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Re: Which of the following most logically completes the [#permalink]
13 Apr 2013, 16:07
Blue Book CR65
Strengthen
Conclusion: The development of new oil fields WILL NOT result in higher oil exports.
Premise: Though economic situation improving and regulations are less strict.
Had C: Foreign source gives oil to Utrania, so it does not make sense for Utrania to export oil resulting in higher oil exports.
Not C: Foreigners investment in Utrania's new oil fields is good for its development and helps Utrania's oil exports resulting in higher oil exports.
It's B: Utrania's improved economic situation caused its people to use more of its oil and it is very likely that there will be LESS oil exports.
Not A: The stable price of oil will still result in higher oil exports.
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Re: Which of the following most logically completes the
[#permalink]
13 Apr 2013, 16:07
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