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17 Mar 2013, 19:51
Kudos
Bookmarks
D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
55%
(hard)
Question Stats:
56% (01:27) correct
44%
(01:35)
wrong
based on 858
sessions
History
Date
Time
Result
Not Attempted Yet
In the early 1960s, Myanmar was the richest country in Asia, but then it closed its economy to the outside world and is now the poorest country in the region. However, Myanmar is now opening up its economy to the outside world once again, and so will soon regain its former glory. Thus it makes sense for smart investors to invest in Myanmar.
Which of the following is an assumption on which the argument depends?
(A) A closed economy will rapidly deplete the financial resources of a country
(B) The countries that dealt with Myanmar in 1962 will still be interested in dealing with it
(C) If Myanmar does not open up its economy to the outside world, it will continue to remain poor.
(D) The severe internal unrest that has continued in Myanmar for the last several years is not responsible for its current financial state.
(E) At least some smart investors are currently aware of Myanmar’s past glory
Which of the following is an assumption on which the argument depends?
(A) A closed economy will rapidly deplete the financial resources of a country
(B) The countries that dealt with Myanmar in 1962 will still be interested in dealing with it
(C) If Myanmar does not open up its economy to the outside world, it will continue to remain poor.
(D) The severe internal unrest that has continued in Myanmar for the last several years is not responsible for its current financial state.
(E) At least some smart investors are currently aware of Myanmar’s past glory
OE
Official Answer: D
Explanation
The argument concludes that the only reason why Myanmar became the poorest country in the
Asian region is because it closed its economy to the outside world. Thus it assumes that there can
be no other explanation for this fact. (D) is one such passive assumption, which has to be true for
the conclusion to be true. If you negate (D) then the argument will fall apart.
A. This may be inferred from the argument but is definitely not an assumption
B. Doesn’t necessarily have to be true. New countries may want to deal with Myanmar now.
C. Again this may be an inference but is not an assumption
D. The correct answer.
E. This is irrelevant to the argument
Official Answer: D
Explanation
The argument concludes that the only reason why Myanmar became the poorest country in the
Asian region is because it closed its economy to the outside world. Thus it assumes that there can
be no other explanation for this fact. (D) is one such passive assumption, which has to be true for
the conclusion to be true. If you negate (D) then the argument will fall apart.
A. This may be inferred from the argument but is definitely not an assumption
B. Doesn’t necessarily have to be true. New countries may want to deal with Myanmar now.
C. Again this may be an inference but is not an assumption
D. The correct answer.
E. This is irrelevant to the argument
17 Mar 2013, 20:39
Kudos
Bookmarks
carcass
In the early 1960s, Myanmar was the richest country in Asia, but then it closed its economy to the outside world and is now the poorest country in the region. However, Myanmar is now opening up its economy to the outside world once again, and so will soon regain its former glory. Thus it makes sense for smart investors to invest in Myanmar.
Which of the following is an assumption on which the argument depends?
(A) A closed economy will rapidly deplete the financial resources of a country
(B) The countries that dealt with Myanmar in 1962 will still be interested in dealing with it
(C) If Myanmar does not open up its economy to the outside world, it will continue to remain poor.
(D) The severe internal unrest that has continued in Myanmar for the last several years is not responsible for its current financial state.
(E) At least some smart investors are currently aware of Myanmar’s past glory
Which of the following is an assumption on which the argument depends?
(A) A closed economy will rapidly deplete the financial resources of a country
(B) The countries that dealt with Myanmar in 1962 will still be interested in dealing with it
(C) If Myanmar does not open up its economy to the outside world, it will continue to remain poor.
(D) The severe internal unrest that has continued in Myanmar for the last several years is not responsible for its current financial state.
(E) At least some smart investors are currently aware of Myanmar’s past glory
Argument : Myanmar was poor because it closed it's economy to outside market. but now days will change. So investors will invest.
Assumption : Days will change only because Myanmar is going to open market. No other factors is leads to low economy of Myanmar.
(A) A closed economy will rapidly deplete the financial resources of a country
--- We are concerned about Myanmar. There is no generalization required here.
(B) The countries that dealt with Myanmar in 1962 will still be interested in dealing with it
--- No trace for countries that dealt with Myanmar in argument.
(C) If Myanmar does not open up its economy to the outside world, it will continue to remain poor.
--- (Ha.. this is interesting one) This is negation of our assumption, but this need not be true always.
(D) The severe internal unrest that has continued in Myanmar for the last several years is not responsible for its current financial state.
---- This states the exact reason why Myanmar was poor these many days and this is assumption
(E) At least some smart investors are currently aware of Myanmar’s past glory
--- No not exactly. this choice to particular about single sentence.
Guys pls correct me if im wrong...
18 Mar 2013, 16:51
Kudos
Bookmarks
Hi,
Facts :
- Myanmar had a glory past and was the richest country in Asia
- Since Myanmar closed its economy, it is now the poorest country in the region.
- Myanmar plans to re-open its economy to the outside again
Conclusion :
- Myanmar will soon regain its former glory and smart investors should invest there.
(D) The severe internal unrest that has continued in Myanmar for the last several years is not responsible for its current financial state.
IMO D is the correct answer because if we negate it, then the second premise will not be valid at all .
Negating D means that the poor financial situation that Myanmar endures now was caused by factors other than those stemmed from the closed economy.
So without D, How a smart investor can be sure that the only reason behind this brutal decline( from the richest to the poorest) is the decision to close economy to outside and therefore can conclude that YES, Myanmar will re-open its economy to outside ,will soon become the richest country and this is A GREAT OPPORTUNITY ??
D fills the gap between the premise and the conclusion stating that investing in Myanmar is a great idea but the only reason for the brutal decline has to be the closed economy to outside.
Facts :
- Myanmar had a glory past and was the richest country in Asia
- Since Myanmar closed its economy, it is now the poorest country in the region.
- Myanmar plans to re-open its economy to the outside again
Conclusion :
- Myanmar will soon regain its former glory and smart investors should invest there.
(D) The severe internal unrest that has continued in Myanmar for the last several years is not responsible for its current financial state.
IMO D is the correct answer because if we negate it, then the second premise will not be valid at all .
Negating D means that the poor financial situation that Myanmar endures now was caused by factors other than those stemmed from the closed economy.
So without D, How a smart investor can be sure that the only reason behind this brutal decline( from the richest to the poorest) is the decision to close economy to outside and therefore can conclude that YES, Myanmar will re-open its economy to outside ,will soon become the richest country and this is A GREAT OPPORTUNITY ??
D fills the gap between the premise and the conclusion stating that investing in Myanmar is a great idea but the only reason for the brutal decline has to be the closed economy to outside.
