Critical Reasoning

Neither a rising standard of living nor balanced trade,
by itself, establishes a country's ability to compete in
the international marketplace. Both are required
simultaneously since standards of living can rise
because of growing trade deficits and trade can be
balanced by means of a decline in a country's
standard of living.

If the facts stated in the passage above are true, a
proper test of a country's ability to be competitive is
its ability to

(A) balance its trade while its standard of living rises
(B) balance its trade while its standard of living falls
(C) increase trade deficits while its standard of living
rises
(D) decrease trade deficits while its standard of
living falls
(E) keep its standard of living constant while trade
deficits rise

Why the answer choice E & B is wrong. anyone pls explain

What is desired is both Balanced Trade and Rising Standard of Living.
B satisfies only Balanced Trade.
E does not satisfy any one of them.

Does that help?

Neither a rising standard of living nor balanced trade, by itself, establishes a country's ability to compete in the international marketplace. Both are required. The rest of the arg speaks about how to achieve it.

Arg: Both balanced trade and rising standard of living

A. Correct.
B - only 1 criteria matches
C - only 1 criteria matches
D - both criteria not met
E - both criteria not met

Note that balanced trade is different from increase/decrease trade deficits and rising standard of living is different from constant standard of living. Each word has its own importance in CR. Be careful while choosing the option. Hope this helps

IMO A.