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27 Mar 2023, 12:00
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D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
35%
(medium)
Question Stats:
71% (01:46) correct
29%
(01:47)
wrong
based on 370
sessions
History
Date
Time
Result
Not Attempted Yet
During the early 1700s, Britain’s domestic textile industry suffered because of the rising demand for imported textiles. Therefore, to protect the domestic textile industry, the Textile Acts were created that banned the sale of imported textiles in Britain. The East India Trading Company was one of the world’s largest sellers of Calico, an ‘exotic’ material not produced in Britain. Therefore, the Textile Acts were against the interests of the East India Trading Company.
Which of the following is useful in evaluating the conclusion above?
A. Whether Calico trade was one of the leading contributors to East India Company’s profits.
B. Whether the interests of East India Trading Company were kept in mind while framing and enforcing the Textile Acts.
C. Whether East India Trading Company contributed to the GDP of Britain.
D. Whether a significant portion of East India Trading Company’s revenue comes from its sales of imported textiles in Britain.
E. Whether East India Trading Company also sold some other textile products.
Which of the following is useful in evaluating the conclusion above?
A. Whether Calico trade was one of the leading contributors to East India Company’s profits.
B. Whether the interests of East India Trading Company were kept in mind while framing and enforcing the Textile Acts.
C. Whether East India Trading Company contributed to the GDP of Britain.
D. Whether a significant portion of East India Trading Company’s revenue comes from its sales of imported textiles in Britain.
E. Whether East India Trading Company also sold some other textile products.
27 Mar 2023, 15:58
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IMO: Answer D
Conclusion: the Textile Acts were against the interests of the East India Trading Company
Context:
- The East India Trading Company was one of the world’s largest sellers of a material not produced in Britain
- The Textile Acts banned the sale of imported textiles in Britain
A. Whether Calico trade was one of the leading contributors to East India Company’s profits.
- this has nothing to do with the Textile Acts
B. Whether the interests of East India Trading Company were kept in mind while framing and enforcing the Textile Acts.
- Conclusion has nothing to do with how the decision was made, only that hit was against their interests
C. Whether East India Trading Company contributed to the GDP of Britain.
- Conclusion has nothing to do with Britains GDP and EITC's involvement in it
D. Whether a significant portion of East India Trading Company’s revenue comes from its sales of imported textiles in Britain.
- The Textile Act affected sales of imported textiles. If EITC's revenue mostly comes from selling imported textiles, we can evaluate that this is relevant to the conclusion
E. Whether East India Trading Company also sold some other textile products.
- The Textile Act banned the sale of imported textiles. Even if they sold multiple kinds of textiles, they would all be banned, and not relevant to the conclusion
Conclusion: the Textile Acts were against the interests of the East India Trading Company
Context:
- The East India Trading Company was one of the world’s largest sellers of a material not produced in Britain
- The Textile Acts banned the sale of imported textiles in Britain
A. Whether Calico trade was one of the leading contributors to East India Company’s profits.
- this has nothing to do with the Textile Acts
B. Whether the interests of East India Trading Company were kept in mind while framing and enforcing the Textile Acts.
- Conclusion has nothing to do with how the decision was made, only that hit was against their interests
C. Whether East India Trading Company contributed to the GDP of Britain.
- Conclusion has nothing to do with Britains GDP and EITC's involvement in it
D. Whether a significant portion of East India Trading Company’s revenue comes from its sales of imported textiles in Britain.
- The Textile Act affected sales of imported textiles. If EITC's revenue mostly comes from selling imported textiles, we can evaluate that this is relevant to the conclusion
E. Whether East India Trading Company also sold some other textile products.
- The Textile Act banned the sale of imported textiles. Even if they sold multiple kinds of textiles, they would all be banned, and not relevant to the conclusion
08 Apr 2025, 22:17
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✅ Why D is correct:
The conclusion says:
❌ Why the other options are incorrect:
A. Whether Calico trade was one of the leading contributors to East India Company’s profits.
C. Whether East India Trading Company contributed to the GDP of Britain.
E. Whether East India Trading Company also sold some other textile products.
The conclusion says:
Quote:
To evaluate this conclusion, we need to determine how much the Acts actually hurt the company. If a significant portion of the company’s revenue came from imported textiles sold in Britain, then banning such sales would clearly harm their interests. So, this option directly addresses the financial impact of the Acts on the company.
❌ Why the other options are incorrect:
A. Whether Calico trade was one of the leading contributors to East India Company’s profits.
- This is tempting, but it's too broad. The company might profit from Calico globally, but that doesn’t tell us if the British market was important. The Acts affected sales in Britain, so we need to know if British sales mattered—not global Calico trade.
- This talks about intentions behind the law, not whether it actually harmed the company. The conclusion is about impact, not intent.
C. Whether East India Trading Company contributed to the GDP of Britain.
- Irrelevant. GDP contribution doesn’t tell us if the company was harmed by the Acts. A company can contribute to GDP and still be negatively impacted by specific policies.
E. Whether East India Trading Company also sold some other textile products.
- This tells us if the company had other sources of textile revenue, but not if those were enough to offset the losses from the banned imports. It’s only marginally useful and doesn’t directly evaluate the impact of the Acts on the company.
