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09 Feb 2022, 23:00
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Question 1
E
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
45%
(medium)
Question Stats:
53% (01:32) correct
47%
(01:33) wrong
based on 362
sessions
History
Date
Time
Result
Not Attempted Yet
Question 2
A
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
75%
(hard)
Question Stats:
27% (00:52) correct 73%
(00:55) wrong
based on 350
sessions
History
Date
Time
Result
Not Attempted Yet
Government policy in Frieland has traditionally favored foreign investment. Leaders of all political parties have been virtually unanimous in their belief that foreign investment in Frieland would contribute to speeding that country’s economic development, a major priority of both the ruling coalition and opposition parties. Of special interest to the government were those industries that exported a significant share of their total output. Since Frieland had a relatively small population, there was a limit to the amount of goods that could be produced for the local market. Also, the government did not want to encourage foreign investors to compete with local industry, even though new industries might alleviate the already high unemployment rate.
1. The best possible title of the passage is
(A) Government Policy in Frieland.
(B) How to Provide Employment.
(C) Attracting Foreign Investment.
(D) The Economics of Developing Countries.
(E) Foreign Investment and Economic Development.
(A) Government Policy in Frieland.
(B) How to Provide Employment.
(C) Attracting Foreign Investment.
(D) The Economics of Developing Countries.
(E) Foreign Investment and Economic Development.
2. It can be concluded that the aim of the author is to
(A) increase foreign investment.
(B) protect local industry from foreign competition.
(C) increase unemployment benefits for workers.
(D) develop a theory of foreign investment.
(E) increase the indigenous population of Frieland.
(A) increase foreign investment.
(B) protect local industry from foreign competition.
(C) increase unemployment benefits for workers.
(D) develop a theory of foreign investment.
(E) increase the indigenous population of Frieland.
Source: Barron's GMAT
15 Feb 2022, 17:47
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pls provide explanation to both the questions.
In Q1. I am more inclined for Option A as the passage is mainly about Frieland country.
In Q2. How can we say that aim of the author is to inc. foreign investment? From which part of the passage this can be inferred?
In Q1. I am more inclined for Option A as the passage is mainly about Frieland country.
In Q2. How can we say that aim of the author is to inc. foreign investment? From which part of the passage this can be inferred?
16 Feb 2022, 03:58
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Official Explanation
1. The best possible title of the passage is
Explanation
All of the above alternatives can be found in the passage, with the exception of (D)—we don’t know if Frieland is a developing country. However, note that the words “foreign investment” are mentioned three times in the passage, and in lines 5–6 it is linked with economic development. Clearly then, the main idea or subject is foreign investment, and the appropriate answer is (E).
Answer: E
Explanation
All of the above alternatives can be found in the passage, with the exception of (D)—we don’t know if Frieland is a developing country. However, note that the words “foreign investment” are mentioned three times in the passage, and in lines 5–6 it is linked with economic development. Clearly then, the main idea or subject is foreign investment, and the appropriate answer is (E).
Answer: E
2. It can be concluded that the aim of the author is to
Explanation
The most appropriate answer to the above question is (A). The author gives some of the reasons and under what conditions foreign investment would be beneficial to Frieland.
Answer: A
Explanation
The most appropriate answer to the above question is (A). The author gives some of the reasons and under what conditions foreign investment would be beneficial to Frieland.
Answer: A
