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30 Oct 2019, 20:50
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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:
70% (01:54) correct
30%
(01:54)
wrong
based on 274
sessions
History
Date
Time
Result
Not Attempted Yet
The decline in the value of Europe's currency Euro is proving to be a mixed blessing. The German economy in particular is booming with rising exports in everything from heavy industry to hotels and service providers. The French economy is experiencing a similar phenomenon with a special emphasis on defense products. However, the European Central Bank has issued its starkest warning yet that the value of the Euro will decrease by at least 3 percent over the next six months; hence its intervention to control the depreciation of Euro will become vital.
The European Central Bank assumes that ...
A. the German economy is performing better than the French economy
B. the superlative performance of the German and French economies may not be enough to resurrect the sliding Euro
C. the superlative performance of the heavy industry, the hospitality sector, service providers, and the defense sector may not be enough to resurrect the sliding Euro
D. the exports from Germany and France are more than the exports from other European countries
E. only two European countries – Germany and France – are performing above the European Central Bank's benchmark performance index
The European Central Bank assumes that ...
A. the German economy is performing better than the French economy
B. the superlative performance of the German and French economies may not be enough to resurrect the sliding Euro
C. the superlative performance of the heavy industry, the hospitality sector, service providers, and the defense sector may not be enough to resurrect the sliding Euro
D. the exports from Germany and France are more than the exports from other European countries
E. only two European countries – Germany and France – are performing above the European Central Bank's benchmark performance index
Source: Manhattan Review
30 Oct 2019, 23:06
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The decline in the value of Europe's currency Euro is proving to be a mixed blessing. The German economy in particular is booming with rising exports in everything from heavy industry to hotels and service providers. The French economy is experiencing a similar phenomenon with a special emphasis on defense products. However, the European Central Bank has issued its starkest warning yet that the value of the Euro will decrease by at least 3 percent over the next six months; hence its intervention to control the depreciation of Euro will become vital.
The European Central Bank assumes that ...
A. the German economy is performing better than the French economy
B. the superlative performance of the German and French economies may not be enough to resurrect the sliding Euro
C. the superlative performance of the heavy industry, the hospitality sector, service providers, and the defense sector may not be enough to resurrect the sliding Euro
D. the exports from Germany and France are more than the exports from other European countries
E. only two European countries – Germany and France – are performing above the European Central Bank's benchmark performance index
The answer is C. If we negate the option C it means that heavy industry, the hospitality sector, service providers, and the defense sector are enough to stop the sliding of the EURO which shatters the author conclusion. So the Correct option is C.
The European Central Bank assumes that ...
A. the German economy is performing better than the French economy
B. the superlative performance of the German and French economies may not be enough to resurrect the sliding Euro
C. the superlative performance of the heavy industry, the hospitality sector, service providers, and the defense sector may not be enough to resurrect the sliding Euro
D. the exports from Germany and France are more than the exports from other European countries
E. only two European countries – Germany and France – are performing above the European Central Bank's benchmark performance index
The answer is C. If we negate the option C it means that heavy industry, the hospitality sector, service providers, and the defense sector are enough to stop the sliding of the EURO which shatters the author conclusion. So the Correct option is C.
sampriya
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GMAT 1: 710 Q48 V39
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Schools: Schulich Sept '23 HEC Jan'22 Intake (D) INSEAD Jan 22 intake Erasmus RSM "22 (D) Ivey '22 (D) ISB '23 (I) NUS '23 (D)
GMAT 1: 710 Q48 V39
Posts: 297
31 Oct 2019, 04:51
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The decline in the value of Europe's currency Euro is proving to be a mixed blessing. The German economy in particular is booming with rising exports in everything from heavy industry to hotels and service providers. The French economy is experiencing a similar phenomenon with a special emphasis on defense products. However, the European Central Bank has issued its starkest warning yet that the value of the Euro will decrease by at least 3 percent over the next six months; hence its intervention to control the depreciation of Euro will become vital.
conclusion: its intervention to control the depreciation of Euro will become vital.
reason: the value of the Euro will decrease by at least 3 percent over the next six months.
underlying assumptions: The rising exports will not play a role in helping with the Euro, such that ECB's intervention to control the depreciation would not be necessary!
we an assumption to make us believe that at all costs ECB's intervention is necessary.
The European Central Bank assumes that ...
A. the German economy is performing better than the French economy.
maybe Germany is just performing at a level that is 0.5% less that the output produced by the French economy.
this option doesn't prove anything.
B. the superlative performance of the German and French economies may not be enough to resurrect the sliding Euro.
This is exactly on par with our reasoning above. Therefore this is the correct option!!
C. the superlative performance of the heavy industry, the hospitality sector, service providers, and the defense sector may not be enough to resurrect the sliding Euro.
performance of other industries not mentioned in the passage are out of scope!!
D. the exports from Germany and France are more than the exports from other European countries.
Even if the exports are more doesn't prove the whether the exports are sufficient or insufficient to avoid the ECB's intervention
E. only two European countries – Germany and France – are performing above the European Central Bank's benchmark performance index.
this option is neither here nor there- The output by just the two countries Germany and France might be enough might not be enough- as the option swings both ways its irrelevant!!
conclusion: its intervention to control the depreciation of Euro will become vital.
reason: the value of the Euro will decrease by at least 3 percent over the next six months.
underlying assumptions: The rising exports will not play a role in helping with the Euro, such that ECB's intervention to control the depreciation would not be necessary!
we an assumption to make us believe that at all costs ECB's intervention is necessary.
The European Central Bank assumes that ...
A. the German economy is performing better than the French economy.
maybe Germany is just performing at a level that is 0.5% less that the output produced by the French economy.
this option doesn't prove anything.
B. the superlative performance of the German and French economies may not be enough to resurrect the sliding Euro.
This is exactly on par with our reasoning above. Therefore this is the correct option!!
C. the superlative performance of the heavy industry, the hospitality sector, service providers, and the defense sector may not be enough to resurrect the sliding Euro.
performance of other industries not mentioned in the passage are out of scope!!
D. the exports from Germany and France are more than the exports from other European countries.
Even if the exports are more doesn't prove the whether the exports are sufficient or insufficient to avoid the ECB's intervention
E. only two European countries – Germany and France – are performing above the European Central Bank's benchmark performance index.
this option is neither here nor there- The output by just the two countries Germany and France might be enough might not be enough- as the option swings both ways its irrelevant!!
