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In 2010, China comprised about 10 percent of the world's gross domesti

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Bunuel
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In 2010, China comprised about 10 percent of the world's gross domesti [#permalink] New post   01 May 2023, 01:30
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In 2010, China comprised about 10 percent of the world's gross domestic product (GDP), and its voting share in the World Bank was increased from under 3 percent to 4.4 percent. During the same timeframe, France comprised about 4 percent of the world's GDP and saw its voting share in the World bank drop from 4.3 percent to 3.8 percent.

Which of the following can be logically concluded from the passage above?


(A) World Bank voting shares are allocated based upon each country's share of the world's GDP.

(B) The new ratio of voting share to percentage of world GDP is lower for China than it is for France.

(C) Gross domestic product is the most important factor in determining voting share at the World Bank.

(D) China should be upset that its voting share does not match its proportion of the world's GDP.

(E) France lost some of its voting share to China because China comprised a larger portion of the world's GDP.


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Re: In 2010, China comprised about 10 percent of the world's gross domesti [#permalink] New post   01 May 2023, 02:43
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Bunuel wrote:
In 2010, China comprised about 10 percent of the world's gross domestic product (GDP), and its voting share in the World Bank was increased from under 3 percent to 4.4 percent. During the same timeframe, France comprised about 4 percent of the world's GDP and saw its voting share in the World bank drop from 4.3 percent to 3.8 percent.

Which of the following can be logically concluded from the passage above?


(A) World Bank voting shares are allocated based upon each country's share of the world's GDP.

(B) The new ratio of voting share to percentage of world GDP is lower for China than it is for France.

(C) Gross domestic product is the most important factor in determining voting share at the World Bank.

(D) China should be upset that its voting share does not match its proportion of the world's GDP.

(E) France lost some of its voting share to China because China comprised a larger portion of the world's GDP.



China in 2010 : World GDP : 100% , China 10%; voting share incr 3% tp 4.4%
France in 2010 : World GDP : 100% , France 4%; voting share DROP 4.3% tp 3.8%

(A) voting shares are allocated based upon each country's share of the world's GDP. - We are presented with a data statement, may be there are other issues regarding voting rights, what if it depends on members contribution, Population or any other factors, basis for allocation of voting right is out of scope hence incorrect.

(B) new ratio of voting share to percentage of world GDP is lower for China than it is for France.

Ratio of voting share to percentage of world GDP (China) is between 0.30 - 0.44
Ratio of voting share to percentage of world GDP (France) is between 0.95 - 1.07

Hence, this statement is absolutely correct and can be obtained solely from the data presented in the sitmulus.

(C) Gross domestic product is the most important factor in determining voting share - Same as (A) , factors for determining voting right is out of scope hence incorrect.

(D) China should be upset - We do not get it from the Stimulus, we are talking in % terms and % DO NOT REPRESENT ACTUAL NUMBERS, may be no of representatives increased but in % terms there is decline, neither we know whether China was happy/upset, may be China is happy for some reason.

(E) We do not know about the position of China and France prior to 2010, thus, this statement can not be effectively be concluded .

Hence, Correct Answer must be (B)
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Re: In 2010, China comprised about 10 percent of the world's gross domesti [#permalink] New post   01 May 2023, 08:12
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Bunuel wrote:
In 2010, China comprised about 10 percent of the world's gross domestic product (GDP), and its voting share in the World Bank was increased from under 3 percent to 4.4 percent. During the same timeframe, France comprised about 4 percent of the world's GDP and saw its voting share in the World bank drop from 4.3 percent to 3.8 percent.

Which of the following can be logically concluded from the passage above?


(A) World Bank voting shares are allocated based upon each country's share of the world's GDP.

(B) The new ratio of voting share to percentage of world GDP is lower for China than it is for France.

(C) Gross domestic product is the most important factor in determining voting share at the World Bank.

(D) China should be upset that its voting share does not match its proportion of the world's GDP.

(E) France lost some of its voting share to China because China comprised a larger portion of the world's GDP.



I would say this as a Quant question since it all depends on the conclusions that we can draw -

Lets see through the options -

(A) World Bank voting shares are allocated based upon each country's share of the world's GDP. - We are not sure of that. In that case China's voting share should have been greater. Eliminate (A).

(B) The new ratio of voting share to percentage of world GDP is lower for China than it is for France. - This is absolutely true. Hold (B). Let's check others.

(C) Gross domestic product is the most important factor in determining voting share at the World Bank. - We are not told anything regarding it. There could be many factors.

(D) China should be upset that its voting share does not match its proportion of the world's GDP. - Doesn't help in any analysis of the argument.

(E) France lost some of its voting share to China because China comprised a larger portion of the world's GDP. - It is not a sure thing. So eliminate (E) when compared with (B).

(B) is our answer since we can clearly deduce it.
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Re: In 2010, China comprised about 10 percent of the world's gross domesti [#permalink] New post   01 May 2023, 09:10
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This is a conclusion question. Means: the correct answer can be derived from some fact given in the passage.
In the first read, one can realize that there are no facts in passage that logically point to A,C,D,E.

Also, solving B)
voting share to percentage of world GDP for China = 4.4/10 = 0.44
voting share to percentage of world GDP for France = 3.8/4 ≈ 1
Ratio is lower for China
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Re: In 2010, China comprised about 10 percent of the world's gross domesti [#permalink] New post   06 May 2023, 09:30
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Bunuel wrote:
In 2010, China comprised about 10 percent of the world's gross domestic product (GDP), and its voting share in the World Bank was increased from under 3 percent to 4.4 percent. During the same timeframe, France comprised about 4 percent of the world's GDP and saw its voting share in the World bank drop from 4.3 percent to 3.8 percent.

Which of the following can be logically concluded from the passage above?


(A) World Bank voting shares are allocated based upon each country's share of the world's GDP.

(B) The new ratio of voting share to percentage of world GDP is lower for China than it is for France.

(C) Gross domestic product is the most important factor in determining voting share at the World Bank.

(D) China should be upset that its voting share does not match its proportion of the world's GDP.

(E) France lost some of its voting share to China because China comprised a larger portion of the world's GDP.


This is a CR Butler Question



OFFICIAL EXPLANATION



(A) World Bank voting shares are allocated based upon each country’s share of the world s GDP.

    This sounds as though it could be reasonable in the Real World, but they didn’t provide enough data points to say that this is definitely true.

(B) The new ratio of voting share to percentage of world GDP is lower for China than it is for France.

    This is the correct answer.

(C) Gross domestic product is the most important factor in determining voting share at the World Bank.

    We can think o f this as an Irrelevant Comparison because it says that something is the “most important factor” when the argument doesn’t actually say that at all.

(D) China should be upset that its voting share does not match its proportion of the world s GDP.

    This might be reasonable to believe in the Real World, but the argument mentions nothing about how China “should”feel about anything.

(E) France lost some of its voting share to China because China comprised a larger portion of the world s GDP.

    We can consider this a Mix-Up answer because it includes many words and terms from the argument. .. but this answer imposes a cause-effect relationship that wasn't given in the argument.
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Re: In 2010, China comprised about 10 percent of the world's gross domesti [#permalink]
06 May 2023, 09:30
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