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QOTD #19 Last year, the government of country A imposed large tariffs

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QOTD #19 Last year, the government of country A imposed large tariffs  [#permalink]

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New post 08 Dec 2017, 02:33
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Last year, the government of country A imposed large tariffs on steel imports in an effort to aid its domestic steel industry. Many domestic steel producers enjoyed record profits as a result, as foreign steel producers were in many cases unable to compete effectively under the burden of the newly imposed tariffs.

Which of the following conclusions is best supported by the passage?

(A) Not all steel producers were unaffected by country A’s newly imposed tariffs.

(B) Some foreign steel producers were able to compete effectively in country A even after the new tariffs were imposed.

(C) After the new tariffs were imposed, most foreign steel producers were unable to compete effectively with country A’s domestic steel producers.

(D) Most domestic steel producers were able to increase their profits after the new tariffs were imposed.

(E) If a government intends to protect a domestic industry, the imposition of tariffs on imports is generally an effective approach.

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QOTD #19 Last year, the government of country A imposed large tariffs  [#permalink]

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New post 08 Dec 2017, 03:52
Last year, the government of country A imposed large tariffs on steel imports in an effort to aid its domestic steel industry. Many domestic steel producers enjoyed record profits as a result, as foreign steel producers were in many cases unable to compete effectively under the burden of the newly imposed tariffs.

Which of the following conclusions is best supported by the passage?

(A) Not all steel producers were unaffected by country A’s newly imposed tariffs. - Correct- few were affected

(B) Some foreign steel producers were able to compete effectively in country A even after the new tariffs were imposed. - nowhere mentioned


(C) After the new tariffs were imposed, most foreign steel producers were unable to compete effectively with country A’s domestic steel producers. - nowhere mentioned

(D) Most domestic steel producers were able to increase their profits after the new tariffs were imposed. - premise says the companies recorded profits , did not mention increase in profits

(E) If a government intends to protect a domestic industry, the imposition of tariffs on imports is generally an effective approach.- Can not generalize based on one case

I will go with A
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Re: QOTD #19 Last year, the government of country A imposed large tariffs  [#permalink]

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New post 11 Dec 2017, 00:00
I believe B is correct too. It says "as foreign steel producers were in MANY cases unable to compete"

if it said ALL then B would be incorrect, but otherwise i believe it works?
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Re: QOTD #19 Last year, the government of country A imposed large tariffs  [#permalink]

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New post 18 Dec 2017, 18:35
I'm unable to pin point any option. Also i feel A is wrong. Please help me out in this.
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Re: QOTD #19 Last year, the government of country A imposed large tariffs  [#permalink]

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New post 19 Dec 2017, 15:36
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carcass wrote:
Last year, the government of country A imposed large tariffs on steel imports in an effort to aid its domestic steel industry. Many domestic steel producers enjoyed record profits as a result, as foreign steel producers were in many cases unable to compete effectively under the burden of the newly imposed tariffs.

Which of the following conclusions is best supported by the passage?

(A) Not all steel producers were unaffected by country A’s newly imposed tariffs.

(B) Some foreign steel producers were able to compete effectively in country A even after the new tariffs were imposed.

(C) After the new tariffs were imposed, most foreign steel producers were unable to compete effectively with country A’s domestic steel producers.

(D) Most domestic steel producers were able to increase their profits after the new tariffs were imposed.

(E) If a government intends to protect a domestic industry, the imposition of tariffs on imports is generally an effective approach.


Summary of statement: Country A's gov't imposed tariffs on steel imports to help domestic steel industry. Many domestic steel producers benefited and in most cases, foreign steel companies could not compete.

(A) Not all steel producers were unaffected by country A’s newly imposed tariffs. Keep! This is exactly what the passage is saying

(B) Some foreign steel producers were able to compete effectively in country A even after the new tariffs were imposed. eliminate because it leaves the statement to open ended. What does some refer to? Clearer wording can be found in statement A

(C) After the new tariffs were imposed, most foreign steel producers were unable to compete effectively with country A’s domestic steel producers. eliminate-most is too extreme

(D) Most domestic steel producers were able to increase their profits after the new tariffs were imposed. eliminate-most is too extreme

(E) If a government intends to protect a domestic industry, the imposition of tariffs on imports is generally an effective approach. eliminate because it is using a generalization to apply to this situation
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Re: QOTD #19 Last year, the government of country A imposed large tariffs  [#permalink]

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New post 21 Dec 2017, 10:21
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Hello,

I couldn't understand the double negative in option A. Why is it the correct option?

Also as stated by a couple of people even option B looks correct.

A little clarity here would be very helpful.

Thank you
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Re: QOTD #19 Last year, the government of country A imposed large tariffs  [#permalink]

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New post 21 Dec 2017, 10:38
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A says not all steel producers were unaffected...now logical opposite of not all is Some, it means some steel producers were unaffected.
now coming to argument, it says many domestic producers were affected it means it could be 50 out of hundred, 45 out of hundred or 70 out of hundred....it means some were u affected and this is what A says. on the other hand, b and c talks about foreign producers. we know that many were not able to compete but either there are some who effectively compete or not?
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Re: QOTD #19 Last year, the government of country A imposed large tariffs  [#permalink]

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New post 23 Dec 2017, 04:56
TaN1213 wrote:
Last year, the government of country A imposed large tariffs on steel imports in an effort to aid its domestic steel industry. Many domestic steel producers enjoyed record profits as a result, as foreign steel producers were in many cases unable to compete effectively under the burden of the newly imposed tariffs.

Which of the following conclusions is best supported by the passage?

(A) Not all steel producers were unaffected by country A’s newly imposed tariffs. - Correct- few were affected

(B) Some foreign steel producers were able to compete effectively in country A even after the new tariffs were imposed. - nowhere mentioned


(C) After the new tariffs were imposed, most foreign steel producers were unable to compete effectively with country A’s domestic steel producers. - nowhere mentioned

(D) Most domestic steel producers were able to increase their profits after the new tariffs were imposed. - premise says the companies recorded profits , did not mention increase in profits

(E) If a government intends to protect a domestic industry, the imposition of tariffs on imports is generally an effective approach.- Can not generalize based on one case

I will go with A


I'm sorry if I'm wrong but "not all" doesn't mean "few" not all can mean 99/100 and furthermore, A and B mean the same.
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Re: QOTD #19 Last year, the government of country A imposed large tariffs  [#permalink]

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New post 03 Jun 2018, 06:10
Hi Experts,

Can someone put light on the validity of this question. I do not think the options make any distinction to mark A as the only correct answer
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Re: QOTD #19 Last year, the government of country A imposed large tariffs  [#permalink]

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New post 05 Jun 2018, 13:58
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Hi all,

SajjitaKundu HarryAxel vka07 harsha3699 mdacosta Let me see if I can help.

This is a nit-picky inference (must be true) question. The golden rules of GMAT inference: infer nothing. Haha. But really, use only the information we have and stick to that information closely. If an answer choice seems to repeat and/or restate information we already know is true, that's a good thing.

Here it sounds like the double negative in A is getting everyone turned around.
If I said, "Not all students are unmotivated to study for the GMAT", how would you simplify/translate that sentence?

Really - simplify it for yourself before you keep reading my explanation.

"Not all students are unmotivated" translates as "there is at least one student who is motivated".

So here, "not all steel producers are unaffected" translates as "there is at least one steel producer who is affected."
And we know for sure that's true - we know there are "many cases" of foreign steel manufacturers being unable to compete now given the tariffs. So actually, A is an understatement, and that is fine with us. It is a super-safe choice.

As several of you have pointed out, B is worth considering. But there is one word that makes it risky ... "some".
B says "Some foreign steel producers were able to compete effectively." Hmm, do we know that for sure?
We know that there are "many cases" of foreign steel producers NOT competing effectively. The issue is that we don't know exactly how big "many" is compared to the number of foreign steel producers. It's possible that the "many" here represents ALL BUT ONE of the foreign steel producers, so then there would only be ONE foreign steel producer that was able to compete effectively.

I can picture you rolling your eyes now. But keep in mind that a GMAT inference question is asking you for the safest, most conservative answer of the five given.

Let me know if this helps, please.
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Re: QOTD #19 Last year, the government of country A imposed large tariffs &nbs [#permalink] 05 Jun 2018, 13:58
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