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Economic Considerations

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Economic Considerations

by g000fy » Wed Oct 06, 2010 12:17 pm
Economic considerations colour every aspect of international dealings, and nations are just like individuals in that the lender sets the terms of its dealings with the borrower. That is why a nation that owes money to another nation cannot be world leader.
The reasoning in the passage assumes which one of the following?
(A) A nation that does not lend to any other nation cannot be a world leader.
(B) A nation that can set the terms of its dealings with other nations is certain to be a world leader.
(C) A nation that has the terms of its dealings with another nation set by that nation cannot be a world leader.
(D) A nation that is a world leader can borrow from another nation as long as that other nation does not set the terms of the dealings between the two nations.
(E) A nation that has no dealings with any other nation cannot be world leader.

Source - Aristotle CR Set

OA is C
Last edited by g000fy on Thu Oct 07, 2010 7:15 am, edited 1 time in total.
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by shovan85 » Wed Oct 06, 2010 12:35 pm
g000fy wrote:Economic considerations colour every aspect of international dealings, and nations are just like individuals in that the lender sets the terms of its dealings with the borrower. That is why a nation that owes money to another nation cannot be world leader.
The reasoning in the passage assumes which one of the following?
(A) A nation that does not lend to any other nation cannot be a world leader.
(B) A nation that can set the terms of its dealings with other nations is certain to be a world leader.
(C) A nation that has the terms of its dealings with another nation set by that nation cannot be a world leader.
(D) A nation that is a world leader can borrow from another nation as long as that other nation does not set the terms of the dealings between the two nations.
(E) A nation that has no dealings with any other nation cannot be world leader.

Source - Aristotle CR Set
IMO C

Borrower is bound to terms of deals of Lender.
Assumption:
(A) Nothing mentioned about Borrower
(B) Lender -> leader. But how do you know that only one Lender is there?
(C) A nation that has the terms of its dealings with another nation set by that nation cannot be a world leader.
(D) More concerned about Lender than Borrower. We need to see why CAN NOT be a leader
(E) This country is neutral. Can be / cannot be a Leader.
Borrower cannot be a Leader.
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by diebeatsthegmat » Wed Oct 06, 2010 2:30 pm
g000fy wrote:Economic considerations colour every aspect of international dealings, and nations are just like individuals in that the lender sets the terms of its dealings with the borrower. That is why a nation that owes money to another nation cannot be world leader.
The reasoning in the passage assumes which one of the following?
(A) A nation that does not lend to any other nation cannot be a world leader.
(B) A nation that can set the terms of its dealings with other nations is certain to be a world leader.
(C) A nation that has the terms of its dealings with another nation set by that nation cannot be a world leader.
(D) A nation that is a world leader can borrow from another nation as long as that other nation does not set the terms of the dealings between the two nations.
(E) A nation that has no dealings with any other nation cannot be world leader.

Source - Aristotle CR Set
E consideration cover all aspect of inter/. dealing...
nations give out the term of deals with the borrower= is it close to " the nation who loans money ( consider banks) to other nations ( borrowers) can say a time when the borrowers have to pay back the money???
concluded : owners are never the world leader...
i chose B
what is the answer?
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by g000fy » Thu Oct 07, 2010 7:18 am
diebeatsthegmat wrote:
g000fy wrote:Economic considerations colour every aspect of international dealings, and nations are just like individuals in that the lender sets the terms of its dealings with the borrower. That is why a nation that owes money to another nation cannot be world leader.
The reasoning in the passage assumes which one of the following?
(A) A nation that does not lend to any other nation cannot be a world leader.
(B) A nation that can set the terms of its dealings with other nations is certain to be a world leader.
(C) A nation that has the terms of its dealings with another nation set by that nation cannot be a world leader.
(D) A nation that is a world leader can borrow from another nation as long as that other nation does not set the terms of the dealings between the two nations.
(E) A nation that has no dealings with any other nation cannot be world leader.

Source - Aristotle CR Set
E consideration cover all aspect of inter/. dealing...
nations give out the term of deals with the borrower= is it close to " the nation who loans money ( consider banks) to other nations ( borrowers) can say a time when the borrowers have to pay back the money???
concluded : owners are never the world leader...
i chose B
what is the answer?
I chose B too however I failed to recognize the verbiage that means nation is certain to be a world leader. As shovan85 said, "how do you know that only one Lender is there" which makes this a weak choice. OA is C
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by Testluv » Fri Oct 08, 2010 12:18 am
Guys,

this is an assumption question--something the author's reasoning depends on. The more extreme a statement, the less likely it is that any given argument will depend on it.

What's the extreme word in Choice B?

Choices with extreme wording are always wrong in assumption questions unless the argument itself has extreme components--which is fairly rare.

***

The author's reason for thinking that a borrower can't be a world leader is that the borrower has the terms of its dealings with another nation set by that other nation. Thus, the author is committed to thinking that a nation that has the terms of its dealings with another nation set by that nation can't be a world leader (choice C).

We can use the Kaplan denial test:

Choice C reads:

A nation that has the terms of its dealings with another nation set by that nation CANNOT be a world leader

whose denial is:

A nation that has the terms of its delaings with another nation set by that nation CAN be a world leader

in which case the author's reason for thinking that these nations can't be world leaders is no longer a good reason for thinking that they can't be world leaders. Because the argument fails to hold upon the negation of choice C, we know that the argument's existence depends on choice C.
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by g000fy » Fri Oct 08, 2010 4:08 am
Makes sense! Thanks!
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by gmatmachoman » Fri Oct 08, 2010 10:15 am
g000fy wrote:Makes sense! Thanks!
Dude,

If u see my Thanks Given data..all goes to deepak Dada ONLY!! He is one gem of all!!

I have a long long long relation with dada!!

Just saw tat He's BACK!!

If u want some solid answers for tough ones from him, plz go thru his CR column..They are (were) fabulous!!

Enjoy dude..
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by g000fy » Fri Oct 08, 2010 10:19 am
gmatmachoman wrote:
g000fy wrote:Makes sense! Thanks!
Dude,

If u see my Thanks Given data..all goes to deepak Dada ONLY!! He is one gem of all!!

I have a long long long relation with dada!!

Just saw tat He's BACK!!

If u want some solid answers for tough ones from him, plz go thru his CR column..They are (were) fabulous!!

Enjoy dude..
I've a question - two actually :P - how to see your thanks given data? and where to find his CR column?? :?:
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by gmatmachoman » Fri Oct 08, 2010 10:40 am
g000fy wrote:
gmatmachoman wrote:
g000fy wrote:Makes sense! Thanks!
Dude,

If u see my Thanks Given data..all goes to deepak Dada ONLY!! He is one gem of all!!

I have a long long long relation with dada!!

Just saw tat He's BACK!!

If u want some solid answers for tough ones from him, plz go thru his CR column..They are (were) fabulous!!

Enjoy dude..
I've a question - two actually :P - how to see your thanks given data? and where to find his CR column?? :?:
May be u can see his first 200 posts..

and My thanks..ohh it counts to 200+
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by abhi.genx7 » Tue Oct 12, 2010 2:33 am
Thanks a ton , I opted C nd was confused to see others opting B and D .
Thank you instructor
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by The AJ » Wed Aug 15, 2012 4:57 am
I understood why C is right but what is the problem with D?
Please explain !!
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by coolmrityu » Tue Nov 06, 2012 6:51 am
Note one thing helpful in Assumption -

If X --> Y

Then the assumption NOT X --> Y is always wrong.
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