It is currently 23 Sep 2017, 04:16

### 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

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

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# Statement of a United States copper mining company: Import

Author Message
Director
Joined: 06 Jan 2008
Posts: 549

Kudos [?]: 513 [0], given: 2

Statement of a United States copper mining company: Import [#permalink]

### Show Tags

07 May 2008, 10:58
00:00

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 2 sessions

### HideShow timer Statistics

Statement of a United States copper mining company: Import quotas should be imposed on the less expensive copper mined outside the country to maintain the price of copper in this country; otherwise, our companies will not be able to stay in business.
Response of a United States copper wire manufacturer: United States wire and cable manufacturers purchase about 70 percent of the copper mined in the United States. If the copper prices we pay are not at the international level, our sales will drop, and then the demand for United States copper will go down.

If the factual information presented by both companies is accurate, the best assessment of the logical relationship between the two arguments is that the wire manufacturers argument

(A) is self-serving and irrelevant to the proposal of the mining company
(B) is circular, presupposing what it seeks to prove about the proposal of the mining company
(C) shows that the proposal of the mining company would have a negative effect on the mining companys own business
(D) fails to give a reason why the proposal of the mining company should not be put into effect to alleviate the concern of the mining company for staying in business
(E) establishes that even the mining companys business will prosper if the mining companys proposal is rejected

Kudos [?]: 513 [0], given: 2

Senior Manager
Joined: 26 Mar 2008
Posts: 317

Kudos [?]: 90 [1], given: 4

Location: Washington DC
Re: CR - copper mining [#permalink]

### Show Tags

07 May 2008, 11:45
1
KUDOS
Straight C.

Kudos [?]: 90 [1], given: 4

Director
Joined: 26 Jul 2007
Posts: 535

Kudos [?]: 176 [1], given: 0

Schools: Stern, McCombs, Marshall, Wharton
Re: CR - copper mining [#permalink]

### Show Tags

07 May 2008, 11:48
1
KUDOS
I go with C on this one.

Statement of a United States copper mining company: Import quotas should be imposed on the less expensive copper mined outside the country to maintain the price of copper in this country; otherwise, our companies will not be able to stay in business.

The mining companies wants to restrict the amount less expensive copper mined outside the U.S. so that they can keep their prices high and stay in business.

Response of a United States copper wire manufacturer: United States wire and cable manufacturers purchase about 70 percent of the copper mined in the United States. If the copper prices we pay are not at the international level, our sales will drop, and then the demand for United States copper will go down.

The manufacturers are saying that if the U.S. prices are not the same as the cheaper international prices then copper demand will go down. In other words if the U.S. manfactures put their plan in place and keep U.S. prices high, then demand drops.

(C) shows that the proposal of the mining company would have a negative effect on the mining companys own business

Kudos [?]: 176 [1], given: 0

Manager
Joined: 04 Jun 2007
Posts: 57

Kudos [?]: 5 [1], given: 0

Location: United Kingdom
Re: CR - copper mining [#permalink]

### Show Tags

07 May 2008, 11:49
1
KUDOS
No doubt C .

Kudos [?]: 5 [1], given: 0

Intern
Joined: 17 Mar 2008
Posts: 17

Kudos [?]: 3 [1], given: 0

Re: CR - copper mining [#permalink]

### Show Tags

07 May 2008, 19:48
1
KUDOS
Although i agree with 'C'. Can anyone please explain me why "E" is wrong?

Kudos [?]: 3 [1], given: 0

SVP
Joined: 11 Mar 2008
Posts: 1634

Kudos [?]: 211 [1], given: 0

Location: Southern California
Schools: Chicago (dinged), Tuck (November), Columbia (RD)
Re: CR - copper mining [#permalink]

### Show Tags

07 May 2008, 21:55
1
KUDOS
C
_________________

Check out the new Career Forum
http://gmatclub.com/forum/133

Kudos [?]: 211 [1], given: 0

SVP
Joined: 11 Mar 2008
Posts: 1634

Kudos [?]: 211 [0], given: 0

Location: Southern California
Schools: Chicago (dinged), Tuck (November), Columbia (RD)
Re: CR - copper mining [#permalink]

### Show Tags

07 May 2008, 21:56
mbamogul wrote:
Although i agree with 'C'. Can anyone please explain me why "E" is wrong?

It directly stated that if the proposal is accepted, the demand for copper will go down. However, it did not directly state that if the proposal is rejected, that demand will go up. You can not make this assumption.
_________________

Check out the new Career Forum
http://gmatclub.com/forum/133

Kudos [?]: 211 [0], given: 0

Director
Joined: 06 Jan 2008
Posts: 549

Kudos [?]: 513 [0], given: 2

Re: CR - copper mining [#permalink]

### Show Tags

08 May 2008, 06:37
OA:C Thanks

Kudos [?]: 513 [0], given: 2

Re: CR - copper mining   [#permalink] 08 May 2008, 06:37
Similar topics Replies Last post
Similar
Topics:
Alice: Quotas on automobile imports to the United States 0 01 Aug 2014, 04:25
Alice: Quotas on automobile imports to the United States 1 28 Dec 2010, 00:16
Statement of a United States copper mining company: Import 4 28 Apr 2011, 03:19
Statement of a United States copper mining company: Import 11 08 Oct 2009, 09:32
Statement of a United States copper mining company: Import 4 05 Aug 2008, 00:32
Display posts from previous: Sort by