Utrania!

Expert replies

gmat_perfect: Legendary Member; Posts: 1083; Joined: Wed Feb 24, 2010 9:38 pmFollowed by: 14 members; Thanked: 127 times

by gmat_perfect » Wed Jul 21, 2010 11:31 am

Which of the following most logically completes the argument?

Utrania was formerly a major petroleum exporter, but in recent decades economic stagnation and restrictive regulations inhibited investment in new oil fields. In consequence, Utranian oil exports dropped steadily as old fields became depleted. Utrania's currently improving economic situation, together with less-restrictive regulations, will undoubtedly result in the rapid development of new fields. However, it would be premature to conclude that the rapid development of new fields will result in higher oil exports, because __________.

(A) the price of oil is expected to remain relatively stable over the next several years
(B) the improvement in the economic situation in Utrania is expected to result in a dramatic increase in the proportion of Utranians who own automobiles
(C) most of the investment in new oil fields in Utrania is expected to come from foreign sources
(D) new technology is available to recover oil from old oil fields formerly regarded as depleted
(E) many of the new oil fields in Utrania are likely to be as productive as those that were developed during the period when Utrania was a major oil exporter

[spoiler]OA: B[/spoiler]

Explain the wrong option.

Like this post

Source: Beat The GMAT — Critical Reasoning | Wed Jul 21, 2010 11:31 am

brijesh: Senior | Next Rank: 100 Posts; Posts: 84; Joined: Mon Apr 26, 2010 2:51 amFollowed by: 1 member; Thanked: 6 times

by brijesh » Wed Jul 21, 2010 12:34 pm

gmat_perfect wrote:Which of the following most logically completes the argument?

Utrania was formerly a major petroleum exporter, but in recent decades economic stagnation and restrictive regulations inhibited investment in new oil fields. In consequence, Utranian oil exports dropped steadily as old fields became depleted. Utrania's currently improving economic situation, together with less-restrictive regulations, will undoubtedly result in the rapid development of new fields. However, it would be premature to conclude that the rapid development of new fields will result in higher oil exports, because __________.

(A) the price of oil is expected to remain relatively stable over the next several years
(B) the improvement in the economic situation in Utrania is expected to result in a dramatic increase in the proportion of Utranians who own automobiles
(C) most of the investment in new oil fields in Utrania is expected to come from foreign sources
(D) new technology is available to recover oil from old oil fields formerly regarded as depleted
(E) many of the new oil fields in Utrania are likely to be as productive as those that were developed during the period when Utrania was a major oil exporter
I will go for B

[spoiler]OA: B[/spoiler]

Explain the wrong option.

Like this post

paes: Legendary Member; Posts: 995; Joined: Tue Apr 13, 2010 11:56 pmFollowed by: 1 member; Thanked: 31 times

by paes » Wed Jul 21, 2010 6:12 pm

IMO B
very good question.

Stem : . Utrania's currently improving economic situation,<X>, will undoubtedly result in the rapid development of new fields.

B says that the economic situation depends on increase of automobiles.

so

conclusion : it would be premature to conclude that the rapid development of new fields will result in higher oil exports,

Which other option, you are finding appealing ? then I can explain that.

Like this post

reply2spg: Legendary Member; Posts: 1261; Joined: Sun Sep 14, 2008 3:46 am; Thanked: 27 times; GMAT Score:570

by reply2spg » Wed Jul 21, 2010 7:43 pm

Good question

B is the answer....where are you getting these good questions brother????

gmat_perfect wrote:Which of the following most logically completes the argument?

Utrania was formerly a major petroleum exporter, but in recent decades economic stagnation and restrictive regulations inhibited investment in new oil fields. In consequence, Utranian oil exports dropped steadily as old fields became depleted. Utrania's currently improving economic situation, together with less-restrictive regulations, will undoubtedly result in the rapid development of new fields. However, it would be premature to conclude that the rapid development of new fields will result in higher oil exports, because __________.

(A) the price of oil is expected to remain relatively stable over the next several years
(B) the improvement in the economic situation in Utrania is expected to result in a dramatic increase in the proportion of Utranians who own automobiles
(C) most of the investment in new oil fields in Utrania is expected to come from foreign sources
(D) new technology is available to recover oil from old oil fields formerly regarded as depleted
(E) many of the new oil fields in Utrania are likely to be as productive as those that were developed during the period when Utrania was a major oil exporter

[spoiler]OA: B[/spoiler]

Explain the wrong option.

Sudhanshu
(have lot of things to learn from all of you)

Like this post

GMATSaga: Newbie | Next Rank: 10 Posts; Posts: 4; Joined: Tue Jun 22, 2010 12:02 am

by GMATSaga » Wed Jul 21, 2010 9:15 pm

Which of the following most logically completes the argument?

Utrania was formerly a major petroleum exporter, but in recent decades economic stagnation and restrictive regulations inhibited investment in new oil fields. In consequence, Utranian oil exports dropped steadily as old fields became depleted. Utrania's currently improving economic situation, together with less-restrictive regulations, will undoubtedly result in the rapid development of new fields. However, it would be premature to conclude that the rapid development of new fields will result in higher oil exports, because __________.

(A) the price of oil is expected to remain relatively stable over the next several years
(B) the improvement in the economic situation in Utrania is expected to result in a dramatic increase in the proportion of Utranians who own automobiles
(C) most of the investment in new oil fields in Utrania is expected to come from foreign sources
(D) new technology is available to recover oil from old oil fields formerly regarded as depleted
(E) many of the new oil fields in Utrania are likely to be as productive as those that were developed during the period when Utrania was a major oil exporter

---------------------------------------------------------------------------------------------------------------------------------------------------
the depletion has happened becuase of 2 things
1) economic stagnation
2) restrictive regulations

the argument says the situation will improve currently for
1) improving economic situation,
2) less-restrictive regulations

Author says result in higher oil exports. so if we prove that these conditions are avoiding the oil exports
as stated in D.

Hope this explains.[/u]

Like this post

FightWithGMAT: Master | Next Rank: 500 Posts; Posts: 364; Joined: Tue Apr 20, 2010 5:13 amFollowed by: 3 members; Thanked: 31 times

by FightWithGMAT » Thu Jul 22, 2010 1:49 pm

gmat_perfect wrote:Which of the following most logically completes the argument?

Utrania was formerly a major petroleum exporter, but in recent decades economic stagnation and restrictive regulations inhibited investment in new oil fields. In consequence, Utranian oil exports dropped steadily as old fields became depleted. Utrania's currently improving economic situation, together with less-restrictive regulations, will undoubtedly result in the rapid development of new fields. However, it would be premature to conclude that the rapid development of new fields will result in higher oil exports, because __________.

(A) the price of oil is expected to remain relatively stable over the next several years
(B) the improvement in the economic situation in Utrania is expected to result in a dramatic increase in the proportion of Utranians who own automobiles
(C) most of the investment in new oil fields in Utrania is expected to come from foreign sources
(D) new technology is available to recover oil from old oil fields formerly regarded as depleted
(E) many of the new oil fields in Utrania are likely to be as productive as those that were developed during the period when Utrania was a major oil exporter

[spoiler]OA: B[/spoiler]

Explain the wrong option.

Are you sure OA is B?

What is wrong with E?

B talks about increase in number of automobiles, not discussed in the argument at all. We have to answer on the basis of info given in the argument. This type of questions come under must be true / inference questions.

I am confused now. I am more inclined toward E.

Like this post

brick2009: Master | Next Rank: 500 Posts; Posts: 171; Joined: Mon Jun 01, 2009 8:59 pm; Thanked: 8 times

by brick2009 » Thu Jul 22, 2010 4:07 pm

Ans : B

Why will the exports not incease---> because consumption will increase as more ppl buy automobile..

E --> is wrong..bcause it dosent address the "OIL export" part of the premises.

Like this post

outreach: Legendary Member; Posts: 748; Joined: Sun Jan 31, 2010 7:54 amFollowed by: 3 members; Thanked: 46 times

by outreach » Fri Jul 23, 2010 2:59 am

"However" in the last line introduces a contrast which shows that higher oil exports will not be possible
A.does not matter as we are concerned abt exports and not prices
B.domestic oil consumption is increasing. so new oil discoveries or existing might be needed for domestic use. export can remain same or decline
Correct
C.out of scope
D.this will help to increase the oil produced from wells. it does not introduce the contrast
E.will productivity increase the exports. this option does not talk abt it

gmat_perfect wrote:Which of the following most logically completes the argument?

Utrania was formerly a major petroleum exporter, but in recent decades economic stagnation and restrictive regulations inhibited investment in new oil fields. In consequence, Utranian oil exports dropped steadily as old fields became depleted. Utrania's currently improving economic situation, together with less-restrictive regulations, will undoubtedly result in the rapid development of new fields. However, it would be premature to conclude that the rapid development of new fields will result in higher oil exports, because __________.

(A) the price of oil is expected to remain relatively stable over the next several years
(B) the improvement in the economic situation in Utrania is expected to result in a dramatic increase in the proportion of Utranians who own automobiles
(C) most of the investment in new oil fields in Utrania is expected to come from foreign sources
(D) new technology is available to recover oil from old oil fields formerly regarded as depleted
(E) many of the new oil fields in Utrania are likely to be as productive as those that were developed during the period when Utrania was a major oil exporter

[spoiler]OA: B[/spoiler]

Explain the wrong option.

-------------------------------------
--------------------------------------
General blog
https://amarnaik.wordpress.com
MBA blog
https://amarrnaik.blocked/

Like this post

Post new topic Post Reply

• Page 1 of 1

GMAT Course Reviews

560 reviews

1168 reviews

431 reviews

359 reviews

147 reviews

5/5

5 Star (560 Reviews)

"Target Test Prep is the closest to the official version of the GMAT exam, about 99% accuracy in terms of the quality and quantity of information. The course has excellently created singular sets of focused lessons and tests for every possible topic that one could come across in the official GMAT exam."

"The TTP course maximizes the efficiency of the time you spend studying. It will take time and effort but I could almost guarantee that if you complete the course exactly as it is laid out you will get an amazing score. They also have a very responsive team willing to help with any questions you might have."

"TTP has two things that I think no other test prep company offers: A teaching approach that reinforces understanding and an attitude that will give you the mental preparedness needed to succeed on the test. TTP gives you a deep understanding of the concept you need to know while teaching you how to think."

Write a Review