GMAT Question of the Day - Daily to your Mailbox; hard ones only

It is currently 15 Oct 2018, 16:30

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

From 1998 to 2008, the amount of oil exported from the nation of

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

Intern
Intern
avatar
Joined: 12 Dec 2011
Posts: 8
Location: Italy
Concentration: Finance, Entrepreneurship
GMAT Date: 04-09-2013
GPA: 4
WE: Management Consulting (Consulting)
From 1998 to 2008, the amount of oil exported from the nation of  [#permalink]

Show Tags

New post Updated on: 23 Sep 2018, 04:33
4
1
10
00:00
A
B
C
D
E

Difficulty:

  55% (hard)

Question Stats:

61% (01:37) correct 39% (01:35) wrong based on 729 sessions

HideShow timer Statistics

From 1998 to 2008, the amount of oil exported from the nation of Dettlandia increased by nearly 20% as the world’s demand soared. Yet over the same period, Dettlandia lost over 8,000 jobs in oil drilling and refinement, representing a 25% increase in the nation’s unemployment rate.

Which of the following, if true, would best explain the discrepancy outlined above?

(A) Because of a slumping local economy, Dettlandia also lost 5,000 service jobs and 7,500 manufacturing jobs.

(B) Several other countries in the region reported similar percentages of jobs lost in the oil industry over the same period.

(C) Because of Dettlandia’s overvalued currency, most of the nation’s crude oil is now being refined after it has been exported.

(D) Technological advancements in oil drilling techniques have allowed for a greater percentage of the world’s oil to be obtained from underneath the ocean floor.

(E) Many former oil employees have found more lucrative work in the Dettlandia’s burgeoning precious metals mining industry.

C. Beware the precision in wording in the argument - Dettlandia lost jobs in both drilling and refinement, yet its total amount of oil exported increased.

You don't know whether it exported refined oil or unrefined oil, and choice C exploits that gap - if Dettlandia exported only crude oil and it were refined elsewhere, that could explain why net exports are up but jobs in refining are way down.

Beware the trap embedded in choice D - while your mind might see another potential gap, that technology may have made the process more efficient, D doesn't pertain directly to Dettlandia so it doesn't reconcile this discrepancy.

Originally posted by marioslash on 15 Sep 2013, 01:51.
Last edited by hazelnut on 23 Sep 2018, 04:33, edited 2 times in total.
Topic Renamed - Please use the first sentence of the stimulus to name the topic
Intern
Intern
avatar
Joined: 30 Aug 2013
Posts: 21
Location: India
Concentration: Strategy, Marketing
GMAT Date: 10-11-2013
GPA: 3.76
WE: Business Development (Manufacturing)
GMAT ToolKit User
Re: From 1998 to 2008, the amount of oil exported from the nation of  [#permalink]

Show Tags

New post 15 Sep 2013, 05:51
1
marioslash wrote:
From 1998 to 2008, the amount of oil exported from the nation of Dettlandia increased by nearly 20% as the world’s demand soared. Yet over the same period, Dettlandia lost over 8,000 jobs in oil drilling and refinement, representing a 25% increase in the nation’s unemployment rate.

Which of the following, if true, would best explain the discrepancy outlined above?

(a) Because of a slumping local economy, Dettlandia also lost 5,000 service jobs and 7,500 manufacturing jobs.
(b) Several other countries in the region reported similar percentages of jobs lost in the oil industry over the same period.
(c) Because of Dettlandia’s overvalued currency, most of the nation’s crude oil is now being refined after it has been exported.
(d) Technological advancements in oil drilling techniques have allowed for a greater percentage of the world’s oil to be obtained from underneath the ocean floor.
(e) Many former oil employees have found more lucrative work in the Dettlandia’s burgeoning precious metals mining industry.


In the answer C - there is no relation of the overvaluation of the currency and the unemployment increase in Dettlandia whereas in D the technological advancements in drilling techniques have allowed for getting greater amount of oil, which may impact the job opportunities in drilling and refinement resulting an increase in the nations unemployment rate
Intern
Intern
avatar
Joined: 12 Dec 2011
Posts: 8
Location: Italy
Concentration: Finance, Entrepreneurship
GMAT Date: 04-09-2013
GPA: 4
WE: Management Consulting (Consulting)
Re: From 1998 to 2008, the amount of oil exported from the nation of  [#permalink]

Show Tags

New post 15 Sep 2013, 06:05
karthikiyer8487 wrote:
marioslash wrote:
From 1998 to 2008, the amount of oil exported from the nation of Dettlandia increased by nearly 20% as the world’s demand soared. Yet over the same period, Dettlandia lost over 8,000 jobs in oil drilling and refinement, representing a 25% increase in the nation’s unemployment rate.

Which of the following, if true, would best explain the discrepancy outlined above?

(a) Because of a slumping local economy, Dettlandia also lost 5,000 service jobs and 7,500 manufacturing jobs.
(b) Several other countries in the region reported similar percentages of jobs lost in the oil industry over the same period.
(c) Because of Dettlandia’s overvalued currency, most of the nation’s crude oil is now being refined after it has been exported.
(d) Technological advancements in oil drilling techniques have allowed for a greater percentage of the world’s oil to be obtained from underneath the ocean floor.
(e) Many former oil employees have found more lucrative work in the Dettlandia’s burgeoning precious metals mining industry.


In the answer C - there is no relation of the overvaluation of the currency and the unemployment increase in Dettlandia whereas in D the technological advancements in drilling techniques have allowed for getting greater amount of oil, which may impact the job opportunities in drilling and refinement resulting an increase in the nations unemployment rate


I posted this question since I found it ambiguous.
- Answer C says anly about REFINING and not also about DRILLING. Since, from the argument, we know that the job lost is within the oil DRILLING AND REFINING, this answer doesn't address it properly.
- Answer D, in my opinion, has the same problem as the previous, but it refears to only DRILLING.
So I think that if the answer C were to be correct, also the answer D would be correct.

If anyone can explain this doubt I reallly appreciate
Thanks
Intern
Intern
avatar
Joined: 14 Apr 2012
Posts: 14
Re: From 1998 to 2008, the amount of oil exported from the nation of  [#permalink]

Show Tags

New post 22 Sep 2013, 11:52
3
Here is my explanation. Hope it helps

(a) Because of a slumping local economy, Dettlandia also lost 5,000 service jobs and 7,500 manufacturing jobs. - Sounds good but does not explain discrepancy as question stem says oil industry expanded implying it is not affected by slumping local economy
(b) Several other countries in the region reported similar percentages of jobs lost in the oil industry over the same period. - Ok but it does not explain discrepancy i.e., this choice does not explain why decrease in employment in oil industry even though oil industry expanded
(c) Because of Dettlandia’s overvalued currency, most of the nation’s crude oil is now being refined after it has been exported. - Good. It addresses decrease in employment in refining i.e, oil exploration increased but oil refining business decreased as it is not done locally anymore. May be number of people lost jobs from refining is greater than number of new jobs in exploration.
(d) Technological advancements in oil drilling techniques have allowed for a greater percentage of the world’s oil to be obtained from underneath the ocean floor. - Out of scope. it is not clear whether technological advancements are to increase automation. The technological advancements may be something related to good exploration techniques under sea but may still require lot of labor.
(e) Many former oil employees have found more lucrative work in the Dettlandia’s burgeoning precious metals mining industry. - Out of scope. Not clear whether they looked for jobs in metals industry because they like it more than oil industry or because they were laid off from oil industry.
Current Student
User avatar
Joined: 25 Sep 2012
Posts: 250
Location: India
Concentration: Strategy, Marketing
GMAT 1: 660 Q49 V31
GMAT 2: 680 Q48 V34
GMAT ToolKit User Reviews Badge
Re: From 1998 to 2008, the amount of oil exported from the nation of  [#permalink]

Show Tags

New post 23 Sep 2013, 04:16
I did not choose C simply because it only talks about refinement and not about drilling :(
Otherwise I would have selected that answer.
Senior Manager
Senior Manager
User avatar
Joined: 07 Nov 2012
Posts: 284
Schools: LBS '14 (A)
GMAT 1: 770 Q48 V48
Re: From 1998 to 2008, the amount of oil exported from the nation of  [#permalink]

Show Tags

New post 24 Sep 2013, 10:15
3
1
Hi b2bt

You raise an interesting point.

To state it clearly for all:

the question says 'lost jobs in drilling and refinement'

answer only talks about 'refinement'

Is it necessarily wrong?

NO - Because the question doesn't state where exactly the jobs are lost just in 'refinement and drilling' - so just because they were only lost in one of those areas is not necessarily an issue.

So with this in mind, it's easy to see major issues with the other answers - so C is the correct one

Hope that helps

James
Intern
Intern
avatar
Joined: 29 Dec 2013
Posts: 2
Re: From 1998 to 2008, the amount of oil exported from the nation of  [#permalink]

Show Tags

New post 19 Jan 2015, 18:05
Hello,
I think the answer should be "C" and not "D" . This is because "C" states that refinement process has been done in some other country and lead to loss of refined jobs. The answer "D" might have been mentioned , as the reason for increase in the production of Oil (stated in the main topic) was due to the new technologies and not to do anything with jobs plunge. My guess :)
Senior Manager
Senior Manager
avatar
Joined: 26 Jul 2010
Posts: 318
Location: European union
Re: From 1998 to 2008, the amount of oil exported from the nation of  [#permalink]

Show Tags

New post 24 Jan 2015, 02:29
What a stupid question. In the premises it is stated that many jobs were lost in the refinement industry. In answer C it is stated that the oil is now being refined, with directly contradicts the premises but yet somehow answer C is the OA..

There is no a single worse study guide than Veritas. I dont believe that people actually spend money on it.
Manager
Manager
avatar
Joined: 28 Jul 2013
Posts: 74
Location: India
Concentration: Marketing, Strategy
GPA: 3.62
WE: Engineering (Manufacturing)
Re: From 1998 to 2008, the amount of oil exported from the nation of  [#permalink]

Show Tags

New post 08 Mar 2015, 19:11
D is not clear about the jobs that are cut. May be this new technology requires the same number of people to function as that was required for the old technology.

C is also not okay as the argument states that the 8000 jobs that were lost from the oil and refinement industry led to an increased unemployment rate - that means people are jobless. how can people leaving a job and joining another one can cause such a drastic fall of 25%

Source is not ok
Math Expert
User avatar
V
Joined: 02 Aug 2009
Posts: 6957
Re: From 1998 to 2008, the amount of oil exported from the nation of  [#permalink]

Show Tags

New post 08 Mar 2015, 19:58
sayansarkar wrote:
D is not clear about the jobs that are cut. May be this new technology requires the same number of people to function as that was required for the old technology.

C is also not okay as the argument states that the 8000 jobs that were lost from the oil and refinement industry led to an increased unemployment rate - that means people are jobless. how can people leaving a job and joining another one can cause such a drastic fall of 25%

Source is not ok



hi sayan ,
i am not great admirer of these sources but there is nothing wrong with choice C... ofcourse it does not contradict ...
the question says Dettlandia lost over 8,000 jobs in oil drilling and refinement...
and choice C says.....'(c) Because of Dettlandia’s overvalued currency, most of the nation’s crude oil is now being refined after it has been exported.'
this choice says that the refining is being done after it is exported... that is it is being done in the country which is importing oil from Dettlandia.. so these jobs are being done in other country and not dettlandia as done earliar ... these are the most of the 8000 jobs..
_________________

1) Absolute modulus : http://gmatclub.com/forum/absolute-modulus-a-better-understanding-210849.html#p1622372
2)Combination of similar and dissimilar things : http://gmatclub.com/forum/topic215915.html
3) effects of arithmetic operations : https://gmatclub.com/forum/effects-of-arithmetic-operations-on-fractions-269413.html


GMAT online Tutor

Magoosh GMAT Instructor
User avatar
G
Joined: 28 Dec 2011
Posts: 4494
Re: From 1998 to 2008, the amount of oil exported from the nation of  [#permalink]

Show Tags

New post 11 Apr 2016, 16:15
2
atturhari wrote:
From 1998 to 2008, the amount of oil exported from the nation of Livonia increased by nearly 20% as the world’s demand soared. Yet over the same period, Livonia lost over 8,000 jobs in oil drilling and refinement, representing a 25% increase in the nation’s unemployment rate.

Which of the following, if true, would best explain the discrepancy outlined above?

A) Because of a slumping local economy, Livonia also lost 5,000 service jobs and 7,500 manufacturing jobs.
B) Several other countries in the region reported similar percentages of jobs lost in the oil industry over the same period.
C) Because of Livonia’s overvalued currency, most of the nation’s crude oil is now being refined after it has been exported.
D) Technological advancements in oil drilling techniques have allowed for a greater percentage of the world’s oil to be obtained from underneath the ocean floor.
E) Many former oil employees have found more lucrative work in the Livonia’s burgeoning precious metals mining industry

Dear atturhari,
I'm happy to respond. :-) This is a good CR question: Veritas questions are often very good.

So, during this period, oil exports from Livonia increased, which naively would seem to suggest that all oil related jobs would increase. Instead, Livonia "lost over 8,000 jobs in oil drilling and refinement." A paradox. How could oil production go up yet jobs related to oil production go down? Let's look at the answers.

A) Because of a slumping local economy, Livonia also lost 5,000 service jobs and 7,500 manufacturing jobs.
Well, the Livonia economy was weak in other sectors, for whatever reasons, but it seems that oil was a strong sector, because of the high imports, so it doesn't explain the job weaknesses there. This is incorrect.

B) Several other countries in the region reported similar percentages of jobs lost in the oil industry over the same period.
Do we know that these other nations experienced an increase in oil exports? Maybe, maybe not. It is a period of high demand: maybe that means the other nations also produced more, because they were responding to this demand, or maybe all these similar nations stopped producing oil, which created the high demands by severely limiting the supply. This could be relevant, but we are not sure, so we have to reject it.

C) Because of Livonia’s overvalued currency, most of the nation’s crude oil is now being refined after it has been exported.
Aha! Livonia would still have need for jobs in production, but jobs in refining within Livonia would be lost, because all this work is now done elsewhere. This would explain the paradox. This choice is promising.

D) Technological advancements in oil drilling techniques have allowed for a greater percentage of the world’s oil to be obtained from underneath the ocean floor.
This would explain another large supply, which might mean that Livonia would have a competitor, but apparently this supply was not enough to offset Livonia's rise in oil exports. This is incorrect.

E) Many former oil employees have found more lucrative work in the Livonia’s burgeoning precious metals mining industry
That's wonderful for those workers, and it solves their personal problems, but it doesn't solve the problem with the argument: it doesn't resolve the paradox of why they lost their jobs in the oil industry in the first place! This is incorrect.

The strongest answer by far is answer choice (C). This is a great question.

Mike :-)
_________________

Mike McGarry
Magoosh Test Prep


Education is not the filling of a pail, but the lighting of a fire. — William Butler Yeats (1865 – 1939)

Director
Director
avatar
G
Joined: 21 May 2013
Posts: 651
Re: From 1998 to 2008, the amount of oil exported from the nation of  [#permalink]

Show Tags

New post 11 Apr 2016, 20:54
mikemcgarry wrote:
atturhari wrote:
From 1998 to 2008, the amount of oil exported from the nation of Livonia increased by nearly 20% as the world’s demand soared. Yet over the same period, Livonia lost over 8,000 jobs in oil drilling and refinement, representing a 25% increase in the nation’s unemployment rate.

Which of the following, if true, would best explain the discrepancy outlined above?

A) Because of a slumping local economy, Livonia also lost 5,000 service jobs and 7,500 manufacturing jobs.
B) Several other countries in the region reported similar percentages of jobs lost in the oil industry over the same period.
C) Because of Livonia’s overvalued currency, most of the nation’s crude oil is now being refined after it has been exported.
D) Technological advancements in oil drilling techniques have allowed for a greater percentage of the world’s oil to be obtained from underneath the ocean floor.
E) Many former oil employees have found more lucrative work in the Livonia’s burgeoning precious metals mining industry

Dear atturhari,
I'm happy to respond. :-) This is a good CR question: Veritas questions are often very good.

So, during this period, oil exports from Livonia increased, which naively would seem to suggest that all oil related jobs would increase. Instead, Livonia "lost over 8,000 jobs in oil drilling and refinement." A paradox. How could oil production go up yet jobs related to oil production go down? Let's look at the answers.

A) Because of a slumping local economy, Livonia also lost 5,000 service jobs and 7,500 manufacturing jobs.
Well, the Livonia economy was weak in other sectors, for whatever reasons, but it seems that oil was a strong sector, because of the high imports, so it doesn't explain the job weaknesses there. This is incorrect.

B) Several other countries in the region reported similar percentages of jobs lost in the oil industry over the same period.
Do we know that these other nations experienced an increase in oil exports? Maybe, maybe not. It is a period of high demand: maybe that means the other nations also produced more, because they were responding to this demand, or maybe all these similar nations stopped producing oil, which created the high demands by severely limiting the supply. This could be relevant, but we are not sure, so we have to reject it.

C) Because of Livonia’s overvalued currency, most of the nation’s crude oil is now being refined after it has been exported.
Aha! Livonia would still have need for jobs in production, but jobs in refining within Livonia would be lost, because all this work is now done elsewhere. This would explain the paradox. This choice is promising.

D) Technological advancements in oil drilling techniques have allowed for a greater percentage of the world’s oil to be obtained from underneath the ocean floor.
This would explain another large supply, which might mean that Livonia would have a competitor, but apparently this supply was not enough to offset Livonia's rise in oil exports. This is incorrect.

E) Many former oil employees have found more lucrative work in the Livonia’s burgeoning precious metals mining industry
That's wonderful for those workers, and it solves their personal problems, but it doesn't solve the problem with the argument: it doesn't resolve the paradox of why they lost their jobs in the oil industry in the first place! This is incorrect.

The strongest answer by far is answer choice (C). This is a great question.

Mike :-)


Hi Mike,

I do not think this is a good question.For answer option C to be correct, how you can assume that refining was done in L in the first place?
Manager
Manager
avatar
Joined: 19 Jan 2016
Posts: 72
Location: India
Concentration: Strategy
Premium Member
Re: From 1998 to 2008, the amount of oil exported from the nation of  [#permalink]

Show Tags

New post 11 Apr 2016, 22:56
2
most of the nation’s crude oil is now being refined after it has been exported

The "now being refined after it has been exported" indicates that the refining was done earlier within the country.

I first selected "D" on the assumption that technology will reduce the workforce.
Senior Manager
Senior Manager
User avatar
G
Joined: 03 Apr 2013
Posts: 280
Location: India
Concentration: Marketing, Finance
GMAT 1: 740 Q50 V41
GPA: 3
GMAT ToolKit User
Re: From 1998 to 2008, the amount of oil exported from the nation of  [#permalink]

Show Tags

New post 12 Apr 2016, 00:17
1
KS15 wrote:
mikemcgarry wrote:
atturhari wrote:
From 1998 to 2008, the amount of oil exported from the nation of Livonia increased by nearly 20% as the world’s demand soared. Yet over the same period, Livonia lost over 8,000 jobs in oil drilling and refinement, representing a 25% increase in the nation’s unemployment rate.

Which of the following, if true, would best explain the discrepancy outlined above?

A) Because of a slumping local economy, Livonia also lost 5,000 service jobs and 7,500 manufacturing jobs.
B) Several other countries in the region reported similar percentages of jobs lost in the oil industry over the same period.
C) Because of Livonia’s overvalued currency, most of the nation’s crude oil is now being refined after it has been exported.
D) Technological advancements in oil drilling techniques have allowed for a greater percentage of the world’s oil to be obtained from underneath the ocean floor.
E) Many former oil employees have found more lucrative work in the Livonia’s burgeoning precious metals mining industry

Dear atturhari,
I'm happy to respond. :-) This is a good CR question: Veritas questions are often very good.

So, during this period, oil exports from Livonia increased, which naively would seem to suggest that all oil related jobs would increase. Instead, Livonia "lost over 8,000 jobs in oil drilling and refinement." A paradox. How could oil production go up yet jobs related to oil production go down? Let's look at the answers.

A) Because of a slumping local economy, Livonia also lost 5,000 service jobs and 7,500 manufacturing jobs.
Well, the Livonia economy was weak in other sectors, for whatever reasons, but it seems that oil was a strong sector, because of the high imports, so it doesn't explain the job weaknesses there. This is incorrect.

B) Several other countries in the region reported similar percentages of jobs lost in the oil industry over the same period.
Do we know that these other nations experienced an increase in oil exports? Maybe, maybe not. It is a period of high demand: maybe that means the other nations also produced more, because they were responding to this demand, or maybe all these similar nations stopped producing oil, which created the high demands by severely limiting the supply. This could be relevant, but we are not sure, so we have to reject it.

C) Because of Livonia’s overvalued currency, most of the nation’s crude oil is now being refined after it has been exported.
Aha! Livonia would still have need for jobs in production, but jobs in refining within Livonia would be lost, because all this work is now done elsewhere. This would explain the paradox. This choice is promising.

D) Technological advancements in oil drilling techniques have allowed for a greater percentage of the world’s oil to be obtained from underneath the ocean floor.
This would explain another large supply, which might mean that Livonia would have a competitor, but apparently this supply was not enough to offset Livonia's rise in oil exports. This is incorrect.

E) Many former oil employees have found more lucrative work in the Livonia’s burgeoning precious metals mining industry
That's wonderful for those workers, and it solves their personal problems, but it doesn't solve the problem with the argument: it doesn't resolve the paradox of why they lost their jobs in the oil industry in the first place! This is incorrect.

The strongest answer by far is answer choice (C). This is a great question.

Mike :-)


Hi Mike,

I do not think this is a good question.For answer option C to be correct, how you can assume that refining was done in L in the first place?


Hey! Just read the paragraph again, pay attention to the words in the paragraph --> " Livonia lost over 8,000 jobs in oil drilling and refinement, representing a 25% increase in the nation’s unemployment rate"
This statement says that Livonia's oil companies fired 8000 employees in the department of oil drilling and REFINEMENT. And as a result, the country's unemployment increased, which means that the ones who were fired were Livonia's residents.Connect the two points I've made.Thus, the refinement used to happen in Livonia only.
_________________

Spread some love..Like = +1 Kudos :)

Board of Directors
User avatar
P
Joined: 17 Jul 2014
Posts: 2654
Location: United States (IL)
Concentration: Finance, Economics
GMAT 1: 650 Q49 V30
GPA: 3.92
WE: General Management (Transportation)
GMAT ToolKit User Premium Member Reviews Badge
Re: From 1998 to 2008, the amount of oil exported from the nation of  [#permalink]

Show Tags

New post 23 Jan 2017, 16:36
marioslash wrote:
From 1998 to 2008, the amount of oil exported from the nation of Dettlandia increased by nearly 20% as the world’s demand soared. Yet over the same period, Dettlandia lost over 8,000 jobs in oil drilling and refinement, representing a 25% increase in the nation’s unemployment rate.

Which of the following, if true, would best explain the discrepancy outlined above?

(a) Because of a slumping local economy, Dettlandia also lost 5,000 service jobs and 7,500 manufacturing jobs.
(b) Several other countries in the region reported similar percentages of jobs lost in the oil industry over the same period.
(c) Because of Dettlandia’s overvalued currency, most of the nation’s crude oil is now being refined after it has been exported.
(d) Technological advancements in oil drilling techniques have allowed for a greater percentage of the world’s oil to be obtained from underneath the ocean floor.
(e) Many former oil employees have found more lucrative work in the Dettlandia’s burgeoning precious metals mining industry.


woah, is it really a 700 level question???
From the options given, none actually made sense but C.
A/B/D/E are all out of scope...

to solve paradox like questions, we can use the "magic formula"

Because answer choice, X is true while Y is true either.
Manager
Manager
avatar
B
Joined: 05 Dec 2014
Posts: 210
Location: India
GMAT 1: 690 Q48 V36
GPA: 3.54
CAT Tests
Re: From 1998 to 2008, the amount of oil exported from the nation of  [#permalink]

Show Tags

New post 07 May 2018, 22:25
chetan2u wrote:
sayansarkar wrote:
D is not clear about the jobs that are cut. May be this new technology requires the same number of people to function as that was required for the old technology.

C is also not okay as the argument states that the 8000 jobs that were lost from the oil and refinement industry led to an increased unemployment rate - that means people are jobless. how can people leaving a job and joining another one can cause such a drastic fall of 25%

Source is not ok



hi sayan ,
i am not great admirer of these sources but there is nothing wrong with choice C... ofcourse it does not contradict ...
the question says Dettlandia lost over 8,000 jobs in oil drilling and refinement...
and choice C says.....'(c) Because of Dettlandia’s overvalued currency, most of the nation’s crude oil is now being refined after it has been exported.'
this choice says that the refining is being done after it is exported... that is it is being done in the country which is importing oil from Dettlandia.. so these jobs are being done in other country and not dettlandia as done earliar ... these are the most of the 8000 jobs..


Hi Chetan2u,
Can you kindly explain that how can u discard option D? i found both options C & D seem reasonable.
GMAT Club Bot
Re: From 1998 to 2008, the amount of oil exported from the nation of &nbs [#permalink] 07 May 2018, 22:25
Display posts from previous: Sort by

From 1998 to 2008, the amount of oil exported from the nation of

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  


cron
Copyright

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

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

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®.