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Hong Kong Capitalism

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Hong Kong Capitalism

by M09 » Sun Dec 13, 2009 8:54 am
One analyst predicts that Hong Kong can retain its capitalist ways after it becomes part of mainland China in 1997 as long as a capitalist Hong Kong is useful to China; that a capitalist Hong Kong will be useful to China as long as Hong Kong is prosperous; and that Hong Kong will remain prosperous as long as it retains its capitalist ways.
If the predictions above are correct, which of the following further predictions can logically be derived from them?

(A) If Hong Kong fails to stay prosperous, it will no longer remain part of mainland China.

(B) If Hong Kong retains its capitalist ways until 1997, it will be allowed to do so afterward.

(C) If there is a world economic crisis after 1997, it will not adversely affect the economy of Hong Kong.

(D) Hong Kong will be prosperous after 1997

(E) The citizens of Hong Kong will have no restrictions placed on them by the government of mainland China.

OA please ?
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by maihuna » Sun Dec 13, 2009 9:09 am
IMO B.
A: No only capitalist Hong kong will be useful to china, so no prosperous no capitalist may be communist but not out of china.

B: Close contender

C: no economic crisis is mentioned stem so out of scope

D: Close contender

E: nothing mentioned abt citizens so out of scope.

Chain of event: Capitalist->Useful->prosperous->capitalist

So B is ok, if it manage till 1997 china will allow to do so as long as it is prosperous.

D: No the above chain can be broken any time so no unconditional stuff..
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by M09 » Sun Dec 13, 2009 9:25 am
Maihuna, not very clear reasoning. Here's what U did

IF useful, then can retail capitalist ways
IF prosperous, then useful,
IF capitalist, then prosperous .

Now as per choice A, if it's not prosperous, then it will not be useful and if not useful, then cant retain it capitalist ways. and Finally not be a part of Mainland China. So I chose A.

Any thoughts where I am wrong?
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by umaa » Sun Dec 13, 2009 9:28 am
M09 wrote:One analyst predicts that Hong Kong can retain its capitalist ways after it becomes part of mainland China in 1997 as long as a capitalist Hong Kong is useful to China; that a capitalist Hong Kong will be useful to China as long as Hong Kong is prosperous; and that Hong Kong will remain prosperous as long as it retains its capitalist ways.
If the predictions above are correct, which of the following further predictions can logically be derived from them?

(A) If Hong Kong fails to stay prosperous, it will no longer remain part of mainland China.

(B) If Hong Kong retains its capitalist ways until 1997, it will be allowed to do so afterward.

(C) If there is a world economic crisis after 1997, it will not adversely affect the economy of Hong Kong.

(D) Hong Kong will be prosperous after 1997

(E) The citizens of Hong Kong will have no restrictions placed on them by the government of mainland China.

OA please ?
IMO B.

HK. Cap --> HK. Prosperous --> HK. Useful --> HK. Cap


A - Arg talks about hong kong becoming part of mainland china. So, A is out of scope
B - The above diagram clearly proves that if it retains cap, until 1997 it will be allowed to do so.
C - Out of scope. We have no information about world economy crisis in the argument
D - Too much assumption. We don't know whether HK is/was cap until 1997
E - Out of scope. No info about citizens in the arg.

OA pls..
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by maihuna » Sun Dec 13, 2009 9:31 am
M09 wrote:Maihuna, not very clear reasoning. Here's what U did

IF useful, then can retail capitalist ways
IF prosperous, then useful,
IF capitalist, then prosperous .

Now as per choice A, if it's not prosperous, then it will not be useful and if not useful, then cant retain it capitalist ways. and Finally not be a part of Mainland China. So I chose A.

Any thoughts where I am wrong?
A is way off, if you are reading options like A twice I will suggest go and read bunch of OG explanations, only explanatins just to get feel of wrong option.

No where in the argument does it mentions that Hongkong will not be part of China, it only says Capitalist Hongkong will not be part of China, means something like, if such things happens HongKong will be no more Capitalist. So Option A is a wrong option.
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by gmatv09 » Sun Dec 13, 2009 6:57 pm
IMO B....

A is too extreme ...
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by ov25 » Sat Oct 23, 2010 4:02 pm
Retain Capitalism -> Useful 2 China -> Prosperous -> Retain Capitalism

Until 1997; 'Prosperous -> Retain Capitalism' is the case.
After 1997, Useful 2 China is the only new element. Now, Useful2China is not debatable, however Retain Capitalism is. Therefore B

It is too tricky for me, I rate this high on difficulty level.
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by vijchid » Mon Oct 25, 2010 1:24 pm
IMO D.
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by rkanthilal » Mon Oct 25, 2010 2:20 pm
IMO B. Hong Kong becomes part of China in 1997. After it is a part of China, it can retain its capitalist ways if it is useful to China. It can be useful to China as long as it is prosperous. It will remain prosperous as long as it is capitalist. This becomes a loop where Hong Kong's prosperity allows it to remain capitalist and remaining capitalist leads to further prosperity. The result is indefinite capitalism and prosperity.

A) Not relevant. The argument discusses capitalist or not capitalist. Whether or not HK remains part of China is not discussed.
B) IMO Correct. If HK retains its capitalist ways until 1997 it will be prosperous in 1997. After 1997, since HK is prosperous China will allow it to remain capitalist indefinitely.
C) The argument is not about how HK will perform in a crisis.
D) Not necessarily true. If HK is relinquishes its capitalist ways before 1997 and they are no longer prosperous then China will not allow HK to return to capitalism and HK will not be prosperous after 1997.
E) The argument discusses capitalist or not capitalist. Restrictions on the citizens are beyond this argument.
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