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CR-External Debt

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Director
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CR-External Debt [#permalink]

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New post 14 Dec 2004, 08:18
00:00
A
B
C
D
E

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Director
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New post 14 Dec 2004, 12:12
A i thought. why is it B? can somebody explain?

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Manager
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New post 14 Dec 2004, 12:39
A.

Only A undermines by giving an example for not holding the debts steady.

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Director
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New post 14 Dec 2004, 13:25
I will go with ‘C’
A – The conclusion is made from the figures obtained in 1980 & 1989 and not from figures obtained in 1985.
B - The conclusion is for countries that are trying to hold the external debt steady not for countries that what to lower their debt.
D – The conclusion is concerned about share of ‘world external-debt’, so this does not undermine the conclusion
E – Out of context.

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Director
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New post 14 Dec 2004, 15:59
OA is A.

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Director
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New post 14 Dec 2004, 17:42
Makes perfect sense. Thats why they say hindsight 20/20.

The idea here is to disprove that the countries were holding steady external debt. Choice A provides info that the external debt was infact varying for these countries.
:arh :cry:
_________________

Praveen

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  [#permalink] 14 Dec 2004, 17:42
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