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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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36% (01:26) correct 64% (01:30) wrong based on 198 sessions

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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.
[Reveal] Spoiler: OA

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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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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
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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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.
Re: QOTD #19 Last year, the government of country A imposed large tariffs   [#permalink] 23 Dec 2017, 04:56
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QOTD #19 Last year, the government of country A imposed large tariffs

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