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01 Oct 2019, 23:10
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B
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
75%
(hard)
Question Stats:
42% (01:18) correct
58%
(01:25)
wrong
based on 373
sessions
History
Date
Time
Result
Not Attempted Yet
In 1980, global service exports totaled about $370 billion, approximately 20 percent of world trade. Still, no coherent system of rules, principles, and procedures exists to govern trade in services.
Which of the following best summarizes the argument?
(A) Regulatory systems lag behind reality.
(B) A regulatory system ought to reflect the importance of service exports.
(C) World trade totaled $1850 billion in 1980.
(D) Service trade legislation is a veritable wasteland.
(E) While trade legislation exists, it is uncoordinated.
Which of the following best summarizes the argument?
(A) Regulatory systems lag behind reality.
(B) A regulatory system ought to reflect the importance of service exports.
(C) World trade totaled $1850 billion in 1980.
(D) Service trade legislation is a veritable wasteland.
(E) While trade legislation exists, it is uncoordinated.
02 Oct 2019, 00:07
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Selected E. The last line of the question suggests that there is no coherent systems of Rules etc. This implies that there may be regulations & rules on a case to cast basis making the entire system incoherent.
14 Mar 2020, 10:26
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In 1980, global service exports totaled about $370 billion, approximately 20 percent of world trade. Still, no coherent system of rules, principles, and procedures exists to govern trade in services.
Which of the following best summarizes the argument?
(A) Regulatory systems lag behind reality. (First of all argument states there is no regulatory system at all! --> eliminate)
(B) A regulatory system ought to reflect the importance of service exports. (The word "still" stresses that though global services contribute a significant percentage in world trade, regulatory system is absent... this matches the meaning of this choice.--> lets keep it)
(C) World trade totaled $1850 billion in 1980. (Not the conclusion, just the inference of 1st statement--> eliminate)
(D) Service trade legislation is a veritable wasteland. (Irrelevant , nowhere mentioned. --> eliminate)
(E) While trade legislation exists, it is uncoordinated. (legislation vs regulatory system...deviated from argument!! --> eliminate)
So Choice B looks more convincing and aligned with argument
Which of the following best summarizes the argument?
(A) Regulatory systems lag behind reality. (First of all argument states there is no regulatory system at all! --> eliminate)
(B) A regulatory system ought to reflect the importance of service exports. (The word "still" stresses that though global services contribute a significant percentage in world trade, regulatory system is absent... this matches the meaning of this choice.--> lets keep it)
(C) World trade totaled $1850 billion in 1980. (Not the conclusion, just the inference of 1st statement--> eliminate)
(D) Service trade legislation is a veritable wasteland. (Irrelevant , nowhere mentioned. --> eliminate)
(E) While trade legislation exists, it is uncoordinated. (legislation vs regulatory system...deviated from argument!! --> eliminate)
So Choice B looks more convincing and aligned with argument
