Last visit was: 25 Apr 2024, 08:45 It is currently 25 Apr 2024, 08:45

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.
Close
Request Expert Reply
Confirm Cancel
SORT BY:
Date
Tags:
Difficulty: 555-605 Levelx   Assumptionx                  
Show Tags
Hide Tags
VP
VP
Joined: 15 Dec 2016
Posts: 1374
Own Kudos [?]: 207 [0]
Given Kudos: 189
Send PM
Target Test Prep Representative
Joined: 24 Nov 2014
Status:Chief Curriculum and Content Architect
Affiliations: Target Test Prep
Posts: 3480
Own Kudos [?]: 5137 [0]
Given Kudos: 1431
GMAT 1: 800 Q51 V51
Send PM
VP
VP
Joined: 15 Dec 2016
Posts: 1374
Own Kudos [?]: 207 [0]
Given Kudos: 189
Send PM
Target Test Prep Representative
Joined: 24 Nov 2014
Status:Chief Curriculum and Content Architect
Affiliations: Target Test Prep
Posts: 3480
Own Kudos [?]: 5137 [0]
Given Kudos: 1431
GMAT 1: 800 Q51 V51
Send PM
Re: Commentator: The theory of trade retaliation states that countries clo [#permalink]
Expert Reply
jabhatta2 wrote:
Hi MartyTargetTestPrep - "This Theory" - is certainly is about trade retaliation. Furthermore if you read the green bit - it is generic

However the conclusion in the red is MORE specific

Specifically, the phrase (in the yellow highlight) -- "any other"

Quote:
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?


Doesnt the phrase "Any Other" - suggest that ?

Country (1) WILL EVENTUALLY SHUT ALL of its markets to all 199 countries

So country (1) has a fight with ALL 199 countries

You're supporting the conclusion WITH THE CONCLUSION.

The evidence doesn't say SHUT ALL.

Look again. The evidence is what matters here and you're missing a key detail of what the green part says.
VP
VP
Joined: 15 Dec 2016
Posts: 1374
Own Kudos [?]: 207 [0]
Given Kudos: 189
Send PM
Commentator: The theory of trade retaliation states that countries clo [#permalink]
MartyTargetTestPrep wrote:

Quote:
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?


You're supporting the conclusion WITH THE CONCLUSION.

The evidence doesn't say SHUT ALL.

Look again. The evidence is what matters here and you're missing a key detail of what the green part says.


Hi MartyTargetTestPrep - thanks for replying.

In the green part - i notice the word "Some"

So country (1) has a problem with country (2)

Country (2) lets say initiates the trade war and shuts down 5 of its markets. So five of Country 2's markets -- are not allowed to sell items to Country (1) specifically.

Country (1), in retaliation, shuts down 3 markets in retaliation vis a vis Country (1)

But again in the red-- the conclusion says : "If every country acted according to this theory, no country would trade with any other" ---

This red bit -- tells me that --- in the hypothetical scenario in the red -- Country (1) will shut down at least 1 market against all 199 countries.
Target Test Prep Representative
Joined: 24 Nov 2014
Status:Chief Curriculum and Content Architect
Affiliations: Target Test Prep
Posts: 3480
Own Kudos [?]: 5137 [0]
Given Kudos: 1431
GMAT 1: 800 Q51 V51
Send PM
Re: Commentator: The theory of trade retaliation states that countries clo [#permalink]
Expert Reply
jabhatta2 wrote:
MartyTargetTestPrep wrote:

Quote:
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?


You're supporting the conclusion WITH THE CONCLUSION.

The evidence doesn't say SHUT ALL.

Look again. The evidence is what matters here and you're missing a key detail of what the green part says.


Hi MartyTargetTestPrep - thanks for replying.

In the green part - i notice the word "Some"

So country (1) has a problem with country (2)

Country (2) lets say initiates the trade war and shuts down 5 of its markets. So five of Country 2's markets -- are not allowed to sell items to Country (1) specifically.

Country (1), in retaliation, shuts down 3 markets in retaliation vis a vis Country (1)

But again in the red-- the conclusion says : "If every country acted according to this theory, no country would trade with any other" ---

This red bit -- tells me that --- in the hypothetical scenario in the red -- Country (1) will shut down at least 1 market against all 199 countries.

YES, and you are ASSUMING that that conclusion is correct. You are basically assuming the correct answer to the question.

In other words, like the author of the argument, you are jumping from evidence about SOME markets to a conclusion about ALL markets.

OR maybe you are using the conclusion as evidence.

Either way, the point is that the evidence is about some markets, whereas the conclusion is about all markets, and the assumption has to fill the gap between the two.
MBA Section Director
Joined: 25 Apr 2018
Posts: 438
Own Kudos [?]: 545 [0]
Given Kudos: 128
Location: Germany
GMAT 1: 680 Q47 V36
GMAT 2: 650 Q50 V28
GMAT 3: 710 Q49 V37
GRE 1: Q170 V163
Send PM
Re: Commentator: The theory of trade retaliation states that countries clo [#permalink]
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.

Theory of Trade retaliation = If country A closes doors to its markets for country B, then country B should also close doors to its markets for country A. This will pressurize country A to reopen its markets to country B. If every country acted acc to this theory, no country would trade with one another.
Conclusion: If all countries implement the theory of trade retaliation, no country would trade with one another.

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

We need to identify the assumption

(A) No country actually acts according to the theory of trade retaliation.
Analysis: This speaks about the fact that no country actually acts according to the theory of trade retaliation. However, we are concerned about the hypothetical situation where all countries act according to the theory of retaliation.

(B) No country should block any of its markets to foreign trade.
We are not concerned with the actual facts. Therefore, "should" is not what we are looking for. We are looking for hypothetical scenarios.

(C) Trade disputes should be settled by international tribunal.
Who should settle the disputes is not the concern. We are concerned only about whether or not countries would trade with one another if a certain theory is adopted.

(D) For any two countries, at least one has some market closed to the other.
Negation: For any two countries, none had some market closed to the other.
Analysis: If the negation were true, then it follows that there will be at least two countries that trade with each other. Therefore, the conclusion falls apart. Keep it!

(E) Countries close their markets to foreigners to protect domestic producers.
We are not concerned about the reason for countries closing their market.

Therefore, the correct answer choice is (D)
Intern
Intern
Joined: 15 May 2019
Status:Engineering Manager
Posts: 49
Own Kudos [?]: 11 [0]
Given Kudos: 27
Concentration: Leadership, Strategy
Schools: IIMA PGPX"20
WE:Engineering (Consulting)
Send PM
Re: Commentator: The theory of trade retaliation states that countries clo [#permalink]
D states the ans clearly. If you negate it, it will break the conclusion of the author
Manager
Manager
Joined: 28 Feb 2022
Posts: 63
Own Kudos [?]: 5 [0]
Given Kudos: 163
Send PM
Re: Commentator: The theory of trade retaliation states that countries clo [#permalink]
­Conc: 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 - Notice the "if" in the conclusion, we're saying if X happens, then Y would happen. So to answer the question, we'll have to see if X leads to Y. The option just states Y doesn't happen, but doesn't explain the causal link between X and Y. X and Y being - "Acting according to theory" and "No trade". When given a conditional in conclusion, always be careful of the this type of trap. Also as an additional check - when negated this option can co-exist with the conclusion, i.e., some countries actually act according to theory of trade retaliation and some don't. This suggests that the conclusion is not invalid. Drop

(B) No country should block any of its markets to foreign trade - Should countries block their markets to foreign trade? Answering this doesn't seem to be the aim of the passage. Drop

(C) Trade disputes should be settled by international tribunal. - Who settles trade disputes? Not relevant to the conclusion. Drop

(D) For any two countries, at least one has some market closed to the other. This can be clearly assumed, i.e., if every country acted according to this theory, some if not all trade would cease to exist. Negate to check - For any two countries, none of them have some market closed to the other, i.e., all market are open to foreign trade. This means that even if countries follow this theory, everyone has an open market, meaning they do trade with one another. This breaks the conclusion. Keep

(E) Countries close their markets to foreigners to protect domestic producers - The reason for which countries close their market to foreigners is not relevant. Drop
GMAT Club Bot
Re: Commentator: The theory of trade retaliation states that countries clo [#permalink]
   1   2 
Moderators:
GMAT Club Verbal Expert
6920 posts
GMAT Club Verbal Expert
238 posts
CR Forum Moderator
832 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne