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During the past three years of its present administration,

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During the past three years of its present administration, [#permalink]

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New post 11 Apr 2011, 12:37
1
5
00:00
A
B
C
D
E

Difficulty:

  55% (hard)

Question Stats:

63% (01:26) correct 37% (01:53) wrong based on 345 sessions

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During the past three years of its present administration, Country M's foreign trade account shows a surplus of three million U.S. dollars. The foreign trade account weighs the value of products exported against the value of products imported. A surplus shows a greater value of exports than imports. Since during the previous administration of Country M the foreign trade account showed an average surplus of 4.5 million U.S. dollars, we can safely conclude the policies of Country M's present administration have led to fewer exports.

Which of the following, if true, would most weaken the argument above?

A. Over the last three years Country M's economy has grown steadily.
B. Domestic sale of products made in Country M has risen steadily over the last three years.
C. The present administration of Country M has raised the tariffs on some imported goods.
D. The value per item of Country M's imports has risen gradually over the last three years.
E. In the past three years, the value of Country M's imports has tripled.

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Re: During the past three years of its present administration, [#permalink]

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New post 11 Apr 2011, 13:48
E is pretty much the winner.
My reasoning is export - import = balance of trade. This amount can go down when the exports have decreased or when the imports have increased. So E is providing an alternate path to the conclusion. Hence it is a weakener

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Re: During the past three years of its present administration, [#permalink]

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New post 11 Apr 2011, 23:07
since the question asks which of the following would most weaken the argument, the answer should be E.
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Re: During the past three years of its present administration, [#permalink]

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New post Updated on: 09 Jan 2015, 08:35
A. Over the last three years Country M's economy has grown steadily. Irrelevant because additional info of 'economy growth' requires many assumptions
B. Domestic sale of products made in Country M has risen steadily over the last three years. Irrelevant same as above
C. The present administration of Country M has raised the tariffs on some imported goods. tariffs raised but no mention of quantity
D. The value per item of Country M's imports has risen gradually over the last three years. can be true but no. of items not mentioned
E. In the past three years, the value of Country M's imports has tripled. import has tripled ...... plausible answer

Only D and E make some sense but again in option D no. of items is not given so the change in the value of imports cannot be determined.

Surplus FT account = Export value(E) - Import value(I)

From here it can be judged if export is constant , then Trade account surplus will only decrease if the value of import is increased. So option E weakens the statement.



maddy2u wrote:
kamalkicks wrote:
1. During the past three years of its present administration, Country M's foreign trade account shows a surplus of three million U.S. dollars. The foreign trade account weighs the value of products exported against the value of products imported. A surplus shows a greater value of exports than imports. Since during the previous administration of Country M the foreign trade account showed an average surplus of 4.5 million U.S. dollars, we can safely conclude the policies of Country M's present administration have led to fewer exports.

Which of the following, if true, would most weaken the argument above?

A. Over the last three years Country M's economy has grown steadily.
B. Domestic sale of products made in Country M has risen steadily over the last three years.
C. The present administration of Country M has raised the tariffs on some imported goods.
D. The value per item of Country M's imports has risen gradually over the last three years.
E. In the past three years, the value of Country M's imports has tripled.


PLEASE GIVE REASONING --- WHY NOT D


IMO E .

Even though D is a solid contender, I didn't choose D for the reason that the value per item has risen gradually. We do not know if the number of items has reduced in the past three years. So, the best option would be to go for E, which clearly states that the total import value has risen by 3 times.

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Originally posted by veergmat on 09 Jan 2015, 08:30.
Last edited by veergmat on 09 Jan 2015, 08:35, edited 1 time in total.
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Re: During the past three years of its present administration, [#permalink]

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New post 09 Jan 2015, 08:32
A. Over the last three years Country M's economy has grown steadily. Irrelevant because additional info of 'economy growth' requires many assumptions
B. Domestic sale of products made in Country M has risen steadily over the last three years. Irrelevant same as above
C. The present administration of Country M has raised the tariffs on some imported goods. tariffs raised but no mention of quantity
D. The value per item of Country M's imports has risen gradually over the last three years. can be true but no. of items not mentioned
E. In the past three years, the value of Country M's imports has tripled. import has tripled ...... plausible answer

Only D and E make some sense but again in option D no. of items is not given so the change in the value of imports cannot be determined.

Surplus FT account = Export value(E) - Import value(I)

From here it can be judged if export is constant , then Trade account surplus will only decrease if the value of import is increased. So option E weakens the statement.



maddy2u wrote:
kamalkicks wrote:
1. During the past three years of its present administration, Country M's foreign trade account shows a surplus of three million U.S. dollars. The foreign trade account weighs the value of products exported against the value of products imported. A surplus shows a greater value of exports than imports. Since during the previous administration of Country M the foreign trade account showed an average surplus of 4.5 million U.S. dollars, we can safely conclude the policies of Country M's present administration have led to fewer exports.

Which of the following, if true, would most weaken the argument above?

A. Over the last three years Country M's economy has grown steadily.
B. Domestic sale of products made in Country M has risen steadily over the last three years.
C. The present administration of Country M has raised the tariffs on some imported goods.
D. The value per item of Country M's imports has risen gradually over the last three years.
E. In the past three years, the value of Country M's imports has tripled.


PLEASE GIVE REASONING --- WHY NOT D


IMO E .

Even though D is a solid contender, I didn't choose D for the reason that the value per item has risen gradually. We do not know if the number of items has reduced in the past three years. So, the best option would be to go for E, which clearly states that the total import value has risen by 3 times.
[/quote]
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Re: During the past three years of its present administration, [#permalink]

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New post 17 May 2015, 07:51
maddy2u wrote:
kamalkicks wrote:
1. During the past three years of its present administration, Country M's foreign trade account shows a surplus of three million U.S. dollars. The foreign trade account weighs the value of products exported against the value of products imported. A surplus shows a greater value of exports than imports. Since during the previous administration of Country M the foreign trade account showed an average surplus of 4.5 million U.S. dollars, we can safely conclude the policies of Country M's present administration have led to fewer exports.

Which of the following, if true, would most weaken the argument above?

A. Over the last three years Country M's economy has grown steadily.
B. Domestic sale of products made in Country M has risen steadily over the last three years.
C. The present administration of Country M has raised the tariffs on some imported goods.
D. The value per item of Country M's imports has risen gradually over the last three years.
E. In the past three years, the value of Country M's imports has tripled.


PLEASE GIVE REASONING --- WHY NOT D


IMO E .

Even though D is a solid contender, I didn't choose D for the reason that the value per item has risen gradually. We do not know if the number of items has reduced in the past three years. So, the best option would be to go for E, which clearly states that the total import value has risen by 3 times.

ITS E.
IF STILL SURPLUS GOOD RESULTS THEN IT PROVES THAT EXPORTS HAVE INCREASED
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Re: During the past three years of its present administration, [#permalink]

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New post 07 Jan 2018, 01:02
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Re: During the past three years of its present administration,   [#permalink] 07 Jan 2018, 01:02
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During the past three years of its present administration,

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