GMAT Question of the Day - Daily to your Mailbox; hard ones only

It is currently 18 Jan 2019, 22:17

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel
Events & Promotions in January
PrevNext
SuMoTuWeThFrSa
303112345
6789101112
13141516171819
20212223242526
272829303112
Open Detailed Calendar
  • Free GMAT Strategy Webinar

     January 19, 2019

     January 19, 2019

     07:00 AM PST

     09:00 AM PST

    Aiming to score 760+? Attend this FREE session to learn how to Define your GMAT Strategy, Create your Study Plan and Master the Core Skills to excel on the GMAT.
  • FREE Quant Workshop by e-GMAT!

     January 20, 2019

     January 20, 2019

     07:00 AM PST

     07:00 AM PST

    Get personalized insights on how to achieve your Target Quant Score.

Some analysts maintain that an embargo by country Litora on the export

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Retired Moderator
User avatar
Status: 2000 posts! I don't know whether I should feel great or sad about it! LOL
Joined: 04 Oct 2009
Posts: 1148
Location: Peru
Schools: Harvard, Stanford, Wharton, MIT & HKS (Government)
WE 1: Economic research
WE 2: Banking
WE 3: Government: Foreign Trade and SMEs
Some analysts maintain that an embargo by country Litora on the export  [#permalink]

Show Tags

New post Updated on: 23 Jun 2017, 04:02
00:00
A
B
C
D
E

Difficulty:

  35% (medium)

Question Stats:

73% (01:34) correct 27% (01:53) wrong based on 164 sessions

HideShow timer Statistics

Some analysts maintain that an embargo by country Litora on the export of a strategic metal to country Zenda, if imposed, would drive up the price of the metal in Zenda at least tenfold. They note that few other countries export the metal and that, with an embargo, Zenda might have to depend on as-yet-unexploited domestic sources of the metal.

Which of the following, if true, constitutes the most serious objection to the analysis above?

(A) Litora’s economy depends heavily on foreign currency earned by the export of the strategic metal to other countries.
(B) There are foreign-policy steps that Zenda could take to appease Litora and avoid being subjected to an embargo on the metal.
(C) Geologists believe that additional deposits of the metal could possibly be found within the territory of Litora.
(D) Only a small proportion of Zenda’s import expenditures is devoted to the import of the metal from Litora.
(E) In case of an embargo, Zenda could buy the metal indirectly from Litora on the world market at a less than one-third increase in cost.

_________________

"Life’s battle doesn’t always go to stronger or faster men; but sooner or later the man who wins is the one who thinks he can."

My Integrated Reasoning Logbook / Diary: http://gmatclub.com/forum/my-ir-logbook-diary-133264.html

GMAT Club Premium Membership - big benefits and savings


Originally posted by metallicafan on 24 Jul 2010, 15:49.
Last edited by abhimahna on 23 Jun 2017, 04:02, edited 1 time in total.
Edited the question
Director
Director
avatar
Status: Impossible is not a fact. It's an opinion. It's a dare. Impossible is nothing.
Affiliations: University of Chicago Booth School of Business
Joined: 26 Nov 2009
Posts: 738
Location: Singapore
Concentration: General Management, Finance
Schools: Chicago Booth - Class of 2015
GMAT ToolKit User
Re: Some analysts maintain that an embargo by country Litora on the export  [#permalink]

Show Tags

New post 25 Jul 2010, 07:44
Conclusion : Embargo leads to exorbitant increase in prices of metals Z. This increase in prices causes the use of the unexploited sources of metals.

An explanation which will prevent the increase in the metal prices will make the Embargo non-entity.
E provides that explanation.

(D) Only a small proportion of Zenda’s import expenditures is devoted to the import of the metal from Litora. >>> does not explain how the domestic resource utilization will be avoided. It does not prevent the increase in price of metals. Irrelevant.
Manager
Manager
avatar
Joined: 09 Jul 2010
Posts: 90
Re: Some analysts maintain that an embargo by country Litora on the export  [#permalink]

Show Tags

New post 25 Jul 2010, 22:49
E is logcal because it explains why Zenda might not have to depend on unexploited domestic sources of the metal.

In D it is assumed that Zenda might have to depend on unexploited domestic sources of the metal and import less from Litora. D is in favour of the argument.
_________________

consider cudos if you like my post

Manager
Manager
avatar
Joined: 19 Feb 2009
Posts: 62
Location: chennai
Re: Some analysts maintain that an embargo by country Litora on the export  [#permalink]

Show Tags

New post 31 Aug 2010, 03:44
Some analysts maintain that an embargo by country Litora on the export of a strategic metal to country Zenda, if imposed, would drive up the price of the metal in Zenda at least tenfold. They note that few other countries export the metal and that, with an embargo, Zenda might have to depend on as-yet-unexploited domestic sources of the metal.
Which of the following, if true, constitutes the most serious objection to the analysis above?

Analysis: if (Embargo imposed by Litoria) -------> Price of metal increase (Zenda)
we need to make the analysis wrong-

Eventhough Litoria imposed embargo,which lead to increase in Price of the metal,Zenda could buy the metal with the cost less than what it was marked.

So: Ans E)
Manager
Manager
avatar
Joined: 16 Mar 2010
Posts: 143
Re: Some analysts maintain that an embargo by country Litora on the export  [#permalink]

Show Tags

New post 01 Sep 2010, 01:56
Simple if you ban is not effective what is the use of that?
Manager
Manager
avatar
Joined: 03 May 2015
Posts: 71
GMAT ToolKit User
Re: Some analysts maintain that an embargo by country Litora on the export  [#permalink]

Show Tags

New post 06 Aug 2015, 17:43
Request you not to write your queries/answers/opinions in question window. It prevents ppl from analysing the question. The whole purpose of GMAT Club forum goes wasted by doing so.
SVP
SVP
avatar
P
Joined: 12 Dec 2016
Posts: 1607
Location: United States
GMAT 1: 700 Q49 V33
GPA: 3.64
GMAT ToolKit User Premium Member
Re: Some analysts maintain that an embargo by country Litora on the export  [#permalink]

Show Tags

New post 23 Jun 2017, 03:29
there is still a possibility that Zenda really needs metal from Litora; also, the argument is about the export of metal from Litora to Zenda, not about expenditures.

A cannot be the answer because in a weaken question, an alternative plan does not play as a weakener. The weakener must focus on the argument.
Manager
Manager
avatar
B
Joined: 13 Dec 2018
Posts: 50
Location: India
GPA: 3.94
Re: Some analysts maintain that an embargo by country Litora on the export  [#permalink]

Show Tags

New post 18 Dec 2018, 00:37
Conclusion : Embargo leads to exorbitant increase in prices of metals Z. This increase in prices causes the use of the unexploited sources of metals.
An explanation which will prevent the increase in the metal prices will make the Embargo non-entity.
E provides that explanation. Hence, E is the answer.
GMAT Club Bot
Re: Some analysts maintain that an embargo by country Litora on the export &nbs [#permalink] 18 Dec 2018, 00:37
Display posts from previous: Sort by

Some analysts maintain that an embargo by country Litora on the export

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  


Copyright

GMAT Club MBA Forum Home| About| Terms and Conditions and Privacy Policy| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.