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19 May 2021, 02:49
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CONCLUSION - Providing low/no interest loans to the startups in 3rd world - will benefit American businesses
GIVEN -
1) Startups introduce new products and markets
2) American businesses will take advantage of it
3) This provides greater benefit than higher rate of interest
WEAKNER - What new information reduces the belief in the conclusion?
ANSWER CHOICE ANALYSIS -
A) Weakens - if the startups go out of business within the first 2 years - not benefit American businesses
B) Weakens - niche markets are not susceptible to foreign competition, hence won't benefit American businesses
C) Weakens - American businesses won't be able to take advantage of domestic businesses
D) CORRECT - If the imports increase, American businesses may improve
E) Weakens - If the companies are nationalised, they won't be of use to American businesses
GIVEN -
1) Startups introduce new products and markets
2) American businesses will take advantage of it
3) This provides greater benefit than higher rate of interest
WEAKNER - What new information reduces the belief in the conclusion?
ANSWER CHOICE ANALYSIS -
A) Weakens - if the startups go out of business within the first 2 years - not benefit American businesses
B) Weakens - niche markets are not susceptible to foreign competition, hence won't benefit American businesses
C) Weakens - American businesses won't be able to take advantage of domestic businesses
D) CORRECT - If the imports increase, American businesses may improve
E) Weakens - If the companies are nationalised, they won't be of use to American businesses
22 May 2021, 05:44
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Quote:
E. Many third-world governments choose to nationalize important industries as soon as they begin to produce significant exports
Need help in understanding how E is weakening. Is it because if government nationalises important industries, then American business cannot take advantage of?
Wanted to know how nationalising of industries by 3rd world countries can be disadvantage to American Business.
GMATNinja can u please shed some light on this question?
11 Aug 2022, 14:51
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Hello from the GMAT Club VerbalBot!
Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).
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Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).
Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
