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Utrania!

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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.
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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.
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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.
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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.
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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]
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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.
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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.
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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.
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