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Re: Many United States companies have, unfortunately, made the search for [#permalink]
Anisha1637 wrote:
Can someone please explain reasoning for question 5?


Hey Anisha1637, I'm citing the piece of the passage from where the correct option can be inferred. All the other options are simply not stated anywhere in the passage. The answer lies in the 2nd paragraph -

"As corporations begin to function globally, they develop an intricate web of marketing, production, and research relationships. The complexity of these relationships makes it unlikely that a system of import relief laws will meet the strategic needs of all the units under the same parent company."

Happy to discuss any further questions on this! :)
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Re: Many United States companies have, unfortunately, made the search for [#permalink]
Brian123 wrote:
Anisha1637 wrote:
Can someone please explain reasoning for question 5?


Hey Anisha1637, I'm citing the piece of the passage from where the correct option can be inferred. All the other options are simply not stated anywhere in the passage. The answer lies in the 2nd paragraph -

"As corporations begin to function globally, they develop an intricate web of marketing, production, and research relationships. The complexity of these relationships makes it unlikely that a system of import relief laws will meet the strategic needs of all the units under the same parent company."

Happy to discuss any further questions on this! :)


Thankyou for clearing the doubt! Got it
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Re: Many United States companies have, unfortunately, made the search for [#permalink]
jerrykid wrote:
For question 1:

1. The passage is chiefly concerned with
(A) arguing against the increased internationalization of United States corporations
(B) warning that the application of laws affecting trade frequently has unintended consequences
(C) demonstrating that foreign-based firms receive more subsidies from their governments than United States firms receive from the United States government
(D) advocating the use of trade restrictions for “dumped” products but not for other imports
(E) recommending a uniform method for handling claims of unfair trade practices

B is the most correct one. But I still think that it is not quite right because it violates the "too narrow/ too broad scope" criteria.

The passage specifically deals with "import reliefs policies" while for choice B, it addresses "laws affecting trade", which is much more general than "import reliefs policies".

Can anybody explain?


GMATNinja can you please help here?
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Re: Many United States companies have, unfortunately, made the search for [#permalink]
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Question 1


ankitapugalia wrote:
jerrykid wrote:
For question 1:

1. The passage is chiefly concerned with
(A) arguing against the increased internationalization of United States corporations
(B) warning that the application of laws affecting trade frequently has unintended consequences
(C) demonstrating that foreign-based firms receive more subsidies from their governments than United States firms receive from the United States government
(D) advocating the use of trade restrictions for “dumped” products but not for other imports
(E) recommending a uniform method for handling claims of unfair trade practices

B is the most correct one. But I still think that it is not quite right because it violates the "too narrow/ too broad scope" criteria.

The passage specifically deals with "import reliefs policies" while for choice B, it addresses "laws affecting trade", which is much more general than "import reliefs policies".

Can anybody explain?

GMATNinja can you please help here?

This question is a prime example of why using the process of elimination is the most accurate way to answer verbal questions. Do we love the exact language in (B)? Maybe not -- you're right that the passage deals with a subset of trade laws, not every single trade law out there.

But can we eliminate (B) based on that quibble? I don't think so. Remember that the answer choice is trying to capture the "chief concern" of an entire passage in a single sentence. So, the words in the answer choice are probably not going to exactly match the words in the passage. At the end of the day, the author wrote the passage to warn us about unintended consequences of a particular set of trade laws. (B) expresses this intention clearly.

Looking through the rest of the answer choices, none of them come close to being correct. So our only option is to choose (B), even if it's not worded exactly as we would like it to be.

I hope that helps!
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Re: Many United States companies have, unfortunately, made the search for [#permalink]
nikhilbhardwaj wrote:
According to the passage, the International Trade Commission is involved in which of the following?

(A) Investigating allegations of unfair import competition
(B) Granting subsidies to companies in the United States that have been injured by import competition
(C) Recommending legislation to ensure fair
(D) Identifying international corporations that wish to build plants in the United States
(E) Assisting corporations in the United States that wish to compete globally

how is B wrong and A correct ?

Even when no unfair practices are alleged, the simple claim that an industry has been injured by imports is sufficient grounds to seek relief.
shouldnt B be correct acc. to this ?

Its about what we are told and not. B is a brilliant trap. The reader takes for granted that the ITC grants the subsidies, but that is not explicitly stated. Maybe ITC only investigates the allegations and some other authority finally grants the subsidy?

Posted from my mobile device
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Re: Many United States companies have, unfortunately, made the search for [#permalink]
Sajjad1994

Are we sure this is 700+? This feels more 600-700
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Re: Many United States companies have, unfortunately, made the search for [#permalink]
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samsung1234 wrote:
Sajjad1994

Are we sure this is 700+? This feels more 600-700


The following should be the difficulty level of each question.

Question #1: 500
Question #2: 700
Question #3: 500
Question #4: 700
Question #5: 600
Question #6: 700
Question #7: 700
Question #8: 600

Thank you
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Many United States companies have, unfortunately, made the search for [#permalink]
GMATNinja wrote:
Nam Vu wrote:
2. It can be inferred from the passage that the minimal basis for a complaint to the International Trade Commission is
which of the following?
(A) A foreign competitor has received a subsidy from a foreign government.
(B) A foreign competitor has substantially increased the volume of products shipped to the United States.
(C) A foreign competitor is selling products in the United States at less than fair market value.
(D) The company requesting import relief has been injured by the sale of imports in the United States.
(E) The company requesting import relief has been barred from exporting products to the country of its foreign
competitor.
Then why the answer is D not E? I could not navigate the proof for the answer. Thank you for your help!

The first paragraph describes two types of unfair practices addressed by the ITC: 1) those involving damage from imports that benefit from subsidies by foreign governments and 2) foreign companies dumping products in the United States at “less than fair value.” At the end of the paragraph, the author states: "Even when no unfair practices are alleged, the simple claim that an industry has been injured by imports is sufficient grounds (i.e. a sufficient basis) to seek relief."

Thus, even if unfair practices (such as the two described earlier in the first paragraph) are not taking place, a company can seek relief as long as it can claim that its "industry has been injured by imports." This minimal basis for a complaint to the ITC is accurately described in choice (D).

As for choice (E), the passage does not describe ITC involvement in cases when companies are barred from exporting products to the country of its foreign competitors. Even if those companies could seek relief from the ITC is such cases, the passage does not suggest that this is the "minimal basis" for making a complaint to the ITC.


arvind910619 wrote:
Hi can anyone help me with question 7
. According to the passage, companies have the general impression that International Trade Commission import relief practices have

(A) caused unpredictable fluctuations in volumes of imports and exports
(B) achieved their desired effect only under unusual circumstances
(C) actually helped companies that have requested import relief
(D) been opposed by the business community
(E) had less impact on international companies than the business community expected

I chose E .
Please explain the reasoning why C is correct

Refer to the first sentence of the second paragraph: "Contrary to the general impression, this quest for import relief has hurt more companies than it has helped." This suggests that the "general impression" is that the quest for import relief has HELPED more companies than it has hurt. The passage does not talk about the business community's expectations specific to the impact on international companies, so choice (E) can be eliminated.

Choice (C) most closely matches the general impression suggested by the first sentence of the second paragraph.

I hope this helps!

Hey GMATNinja. Can you please help me out with answer 8 ? I am confused between A and B. Thanks a ton in advance !
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Question 8


NamaySharma wrote:
Hey GMATNinja. Can you please help me out with answer 8 ? I am confused between A and B. Thanks a ton in advance !

Here's question 8:
Quote:
8. According to the passage, the International Trade Commission is involved in which of the following?

The author directly talks about the role of the ITC twice in the passage:

  • In the first paragraph, we learn that the ITC "has received[...] complaints" regarding import protection.
  • In the fourth paragraph, the ITC "investigated allegations" regarding the Canadian and US salt industry.

So, which answer choice is supported by the info above?
Quote:
(A)[The ITC is involved in] investigating allegations of unfair import competition

This one looks good! The author directly tells us in the fourth paragraph that the ITC investigated certain allegations. Keep (A).

Quote:
(B) Granting subsidies to companies in the United States that have been injured by import competition

Subsidies are mentioned in the passage, but the author never says that the ITC itself grants subsidies. In the first and third paragraphs, the subsidies are granted by foreign governments -- so those are definitely not granted by the ITC. And while the ITC seems to be involved in offering some kind of "relief" to certain companies, there's no indication that this relief comes in the form of a subsidy.

There's no evidence in the passage that the ITC grants subsidies, so get rid of (B).

(A) is the correct answer to question 8.

I hope that helps!
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Re: Many United States companies have, unfortunately, made the search for [#permalink]
GMATNinja wrote:

Question 8


NamaySharma wrote:
Hey GMATNinja. Can you please help me out with answer 8 ? I am confused between A and B. Thanks a ton in advance !

Here's question 8:
Quote:
8. According to the passage, the International Trade Commission is involved in which of the following?

The author directly talks about the role of the ITC twice in the passage:

  • In the first paragraph, we learn that the ITC "has received[...] complaints" regarding import protection.
  • In the fourth paragraph, the ITC "investigated allegations" regarding the Canadian and US salt industry.

So, which answer choice is supported by the info above?
Quote:
(A)[The ITC is involved in] investigating allegations of unfair import competition

This one looks good! The author directly tells us in the fourth paragraph that the ITC investigated certain allegations. Keep (A).

Quote:
(B) Granting subsidies to companies in the United States that have been injured by import competition

Subsidies are mentioned in the passage, but the author never says that the ITC itself grants subsidies. In the first and third paragraphs, the subsidies are granted by foreign governments -- so those are definitely not granted by the ITC. And while the ITC seems to be involved in offering some kind of "relief" to certain companies, there's no indication that this relief comes in the form of a subsidy.

There's no evidence in the passage that the ITC grants subsidies, so get rid of (B).

(A) is the correct answer to question 8.

I hope that helps!

I got it. Thanks a lot !!!
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Re: Many United States companies have, unfortunately, made the search for [#permalink]
jerrykid wrote:
For question 1:

1. The passage is chiefly concerned with
(A) arguing against the increased internationalization of United States corporations
(B) warning that the application of laws affecting trade frequently has unintended consequences
(C) demonstrating that foreign-based firms receive more subsidies from their governments than United States firms receive from the United States government
(D) advocating the use of trade restrictions for “dumped” products but not for other imports
(E) recommending a uniform method for handling claims of unfair trade practices

B is the most correct one. But I still think that it is not quite right because it violates the "too narrow/ too broad scope" criteria.

The passage specifically deals with "import reliefs policies" while for choice B, it addresses "laws affecting trade", which is much more general than "import reliefs policies".

Can anybody explain?



Here you go

To answer this question, consider the passage as a whole. In the first sentence, the author sets off unfortunately in commas, drawing attention to the author’s attitude about companies that seek legal protection from imports. In the next paragraph, the author says, this quest for import relief has hurt more companies than it has helped. The third paragraph creates a hypothetical situation to show how import relief might hurt American companies, and the last paragraph shows the actual, unintended, and unfortunate consequences of import relief laws.

(A) Internationalization is accepted as a given (lines 16–18); no argument is made against it.

(B) Correct. The author warns that American companies seeking relief from imports may suffer unexpected adverse consequences when the laws are applied to them.

(C) The author does not make this comparison.

(D) The author does not make this recommendation.

(E) The author makes no recommendation but simply describes actual and possible consequences.

The correct answer is B.
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Re: Many United States companies have, unfortunately, made the search for [#permalink]
mSKR wrote:
tkorzhan18 wrote:
Hi, could you please explain why the correct answer for Q 4 is D?
4. The passage warns of which of the following dangers?

(A) Companies in the United States may receive no protection from imports unless they actively seek protection from import competition.
(B) Companies that seek legal protection from import competition may incur legal costs that far exceed any possible gain.
(C) Companies that are United States-owned but operate internationally may not be eligible for protection from import competition under the laws of the countries in which their plants operate.
(D) Companies that are not United States-owned may seek legal protection from import competition under United States import relief laws.
(E) Companies in the United States that import raw materials may have to pay duties on those materials.


Quote:
Internationalization increases the danger that foreign companies will use import relief laws against the very companies the laws were designed to protect

Laws were made to protect US companies. But based on the same laws, foreign companies use these laws against US companies.
How ? See the quote below:
Quote:
If the competitor can prove injury from the imports—and that the United States company received a subsidy from a foreign government to build its plant abroad—the United States company’s products will be uncompetitive in the United States, since they would be subject to duties.

Reference:Last paragraph

4. The passage warns of which of the following dangers?

(A) Companies in the United States may receive no protection from imports unless they actively seek protection from import competition.-not given
(B) Companies that seek legal protection from import competition may incur legal costs that far exceed any possible gain.-not given
(C) Companies that are United States-owned but operate internationally may not be eligible for protection from import competition under the laws of the countries in which their plants operate.- not given
(D) Companies that are not United States-owned may seek legal protection from import competition under United States import relief laws.
(E) Companies in the United States that import raw materials may have to pay duties on those materials.- It is given but it is not a danger.

Correct answer D

hope it helps:)



Really ??? Not given is what your explanation is? So helpful
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Re: Many United States companies have, unfortunately, made the search for [#permalink]
GMATNinja wrote:

Question 8


NamaySharma wrote:
Hey GMATNinja. Can you please help me out with answer 8 ? I am confused between A and B. Thanks a ton in advance !

Here's question 8:
Quote:
8. According to the passage, the International Trade Commission is involved in which of the following?

The author directly talks about the role of the ITC twice in the passage:

  • In the first paragraph, we learn that the ITC "has received[...] complaints" regarding import protection.
  • In the fourth paragraph, the ITC "investigated allegations" regarding the Canadian and US salt industry.

So, which answer choice is supported by the info above?
Quote:
(A)[The ITC is involved in] investigating allegations of unfair import competition

This one looks good! The author directly tells us in the fourth paragraph that the ITC investigated certain allegations. Keep (A).

Quote:
(B) Granting subsidies to companies in the United States that have been injured by import competition

Subsidies are mentioned in the passage, but the author never says that the ITC itself grants subsidies. In the first and third paragraphs, the subsidies are granted by foreign governments -- so those are definitely not granted by the ITC. And while the ITC seems to be involved in offering some kind of "relief" to certain companies, there's no indication that this relief comes in the form of a subsidy.

There's no evidence in the passage that the ITC grants subsidies, so get rid of (B).

(A) is the correct answer to question 8.

I hope that helps!



GMATNinja In Q8, can you please help me understand how to eliminate option E
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Many United States companies have, unfortunately, made the search for [#permalink]
In Q6, how to eliminate option E? Since it is an inference question, I thought that since they are filing company to protect themselves, both are looking after their own interest (getting some outside information since in inference question, we can do so)

Similarly, in Q8, how to eliminate option E

Apologies for weird fantasy with option E :lol:
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Many United States companies have, unfortunately, made the search for [#permalink]
AndrewN GMATNinja KarishmaB Hi, can you please clear my following doubt regarding Q1.

1. The passage is chiefly concerned with
(B) warning that the application of laws affecting trade frequently has unintended consequences

I understand from the passage that the main point conveyed by author is to highlight the negative unintended implications of the "import relief" laws on United States companies. However, option B says that application of laws affecting trade frequently has unintended consequences. How can we justify "frequently" here? Also the passage talks about a particular import law while this option says laws in general. Doesn't this option seems to be a stretch, generalizing a specific instance in the history. It just happened once in the history. Although I understand that other options are incorrect, I wish to understand this correct answer.
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Rickooreo wrote:
In Q6, how to eliminate option E? Since it is an inference question, I thought that since they are filing company to protect themselves, both are looking after their own interest (getting some outside information since in inference question, we can do so)

Similarly, in Q8, how to eliminate option E

Apologies for weird fantasy with option E :lol:

Question 6


In this passage, the author criticizes import relief laws. To support this criticism, the author points out that foreign companies can use import relief laws "against the very companies the laws were designed to protect." The complaint in the last paragraph is used as an example to support this claim. In other words, the "Dutch conglomerate" is a foreign company that uses import relief laws against the subsidiary of an American company, whom the import relief laws were designed to protect.

Based on on this, we know the author thinks the complaint in the last paragraph violates the "the intent of import relief laws," as (B) says. So (B) is correct.

But what about (E)?

Quote:
6. It can be inferred from the passage that the author believes which of the following about the complaint mentioned in the last paragraph?

(E) Each of the companies involved in the complaint acted in its own best interest.

Can we infer that the author thinks both companies are acting in their own best interest? In fact, the author doesn't give us his/her opinion about what is in the best interest of either of these companies. All we know is that the complaint is an example of import relief laws damaging a United States company.

Additionally, in the second paragraph, the author argues that "the quest for import relief has hurt more companies than it has helped." To support this point, the author points out that due to the complexity of international corporate relationships, "it is unlikely that a system of import relief laws will meet the strategic needs of all the units under the same parent company." In other words, import relief may help some members of a parent company, and hurt others. And if that's the case, even if import relief helps one part of a company, it may hurt another. So we have reason to doubt that seeking import relief is always in a large company's best interests (since it might help certain parts and hurt others).

For both of those reasons, we can eliminate (E).

Question 8


Quote:
8. According to the passage, the International Trade Commission is involved in which of the following?

(E) Assisting corporations in the United States that wish to compete globally

The passage tells us that the International Trade Commission (ITC) receives complaints from companies who are seeking "legal protection from import competition." In other words, the companies are trying to sell products in the United States (i.e. domestically), and are concerned that competition from foreign imports will hurt them. So these companies are not trying to "complete globally," as (E) suggests, but merely to sell their products in their own, domestic market.

Also, the passage tells us that the ITC "investigates allegations," presumably to determine whether the allegations are correct. But we are never told that the ITC's goal is to "assist corporations in the United States..."

For both of those reasons, we can eliminate (E).

I hope that helps!
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Re: Many United States companies have, unfortunately, made the search for [#permalink]
GMATNinja wrote:
Refer to the first sentence of the second paragraph: "Contrary to the general impression, this quest for import relief has hurt more companies than it has helped." This suggests that the "general impression" is that the quest for import relief has HELPED more companies than it has hurt. The passage does not talk about the business community's expectations specific to the impact on international companies, so choice (E) can be eliminated.

Choice (C) most closely matches the general impression suggested by the first sentence of the second paragraph.

I hope this helps!


How can you infer that general impression is representative of the companies' beliefs and not the general public?
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