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TheUltimateWinner
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19 Sep 2016, 11:26
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E
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
45%
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Question Stats:
70% (02:10) correct
30%
(02:25)
wrong
based on 1454
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The united States is considering a ban on the importation of salmon from Country B in order to protest poor protection of intellectual property rights in Country B. An economist counters that such a ban would be ineffective, since Country B would circumvent it by selling the extra salmon in Europe. Indeed, last year, six European nations each imported more salmon than Country B exported to the United States.
Which of the following, if true, would most severely weaken the economist's argument?
(A) Salmon is the chief export of Country B, accounting for a substantial proportion of its export earnings over each of the last three years.
(B) The supply of native salmon has become increasingly limited in certain parts of North America in the past decade, including many parts of the United States.
(C) Salmon from Country B is considered a delicacy in all of the European nations that imported salmon last year.
(D) The economic value to U.S. companies of the adoption of intellectual property regulations in Country B is greater than the value of salmon exports from Country B.
(E) Costs for the transportation of salmon from Country B to Europe would make salmon from Country B more expensive for European consumers than salmon imported from other countries.
Which of the following, if true, would most severely weaken the economist's argument?
(A) Salmon is the chief export of Country B, accounting for a substantial proportion of its export earnings over each of the last three years.
(B) The supply of native salmon has become increasingly limited in certain parts of North America in the past decade, including many parts of the United States.
(C) Salmon from Country B is considered a delicacy in all of the European nations that imported salmon last year.
(D) The economic value to U.S. companies of the adoption of intellectual property regulations in Country B is greater than the value of salmon exports from Country B.
(E) Costs for the transportation of salmon from Country B to Europe would make salmon from Country B more expensive for European consumers than salmon imported from other countries.
TheUltimateWinner
Joined: 23 Feb 2015
Last visit: 16 Apr 2026
Posts: 2,465
Given Kudos: 1,990
Concentration: Finance, Technology
Schools: Harvard '24 Judge '23 LBS '24 McCombs '24 Mendoza Tepper '24 Ross '24 Cox Marshall '24 Fisher Kelley '24 Jones McDonough '24 Owen '24 Terry BU Simon '24 Katz GWU Mason Babson Gabelli Foster '24 Goizueta '24 Scheller Stern '23 CBS '23 Booth '23 Haas '25 Wharton '25 Stanford '26 Johnson'23 Fuqua '23 Kellogg '23 Kenan-Flagler'23 INSEAD Aug 22 intake Olin '23 Said '23 Sloan '23 Carey Arizona "22 Yale '23 UC Davis Madison '23 Anderson '23 Carroll Carlson '23 Darden '23
Schools: Harvard '24 Judge '23 LBS '24 McCombs '24 Mendoza Tepper '24 Ross '24 Cox Marshall '24 Fisher Kelley '24 Jones McDonough '24 Owen '24 Terry BU Simon '24 Katz GWU Mason Babson Gabelli Foster '24 Goizueta '24 Scheller Stern '23 CBS '23 Booth '23 Haas '25 Wharton '25 Stanford '26 Johnson'23 Fuqua '23 Kellogg '23 Kenan-Flagler'23 INSEAD Aug 22 intake Olin '23 Said '23 Sloan '23 Carey Arizona "22 Yale '23 UC Davis Madison '23 Anderson '23 Carroll Carlson '23 Darden '23
Posts: 2,465
19 Sep 2016, 11:28
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D means what?
We have to prove that the US consideration of ban on the importation of salmon from Country B will be effective.
E says: The overall cost for importing salmon in European country from country B is more than other country. So, to make weaken the economist's argument, we have to prove that the European country will no longer import salmon from country B. My Question is: how do we be sure that ''not a single European'' will import salmon from country B?
Thanks...
We have to prove that the US consideration of ban on the importation of salmon from Country B will be effective.
E says: The overall cost for importing salmon in European country from country B is more than other country. So, to make weaken the economist's argument, we have to prove that the European country will no longer import salmon from country B. My Question is: how do we be sure that ''not a single European'' will import salmon from country B?
Thanks...
19 Sep 2016, 12:05
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iMyself
| US : Planning a ban on importing salmon from country Y , to protest poor protection of IP rights there. Cntry B : US's ban on salmon will be ineffective since the same will be sold to European countries ( Where there is existing demand). |
(D) The economic value to U.S. companies of the adoption of intellectual property regulations in Country B is greater than the value of salmon exports from Country B.
Eco Value to US from the ban on import of Salmon > Value of Exports of Salmon from Country B
You have already got the point that - " ban on the importation of salmon from Country B will be effective. " and truly option (D) does nothing to prove that.
(E) Costs for the transportation of salmon from Country B to Europe would make salmon from Country B more expensive for European consumers than salmon imported from other countries.
If European countries can import Salmon from other countries at a cheaper price then they will not import Salmon from Country B and thus this will weaken the conclusion arrived by the Economist.
This between (D) and (E) , (E) looks good...
