Logical Reasoning - Statement and Argument - Discussion

Discussion Forum : Statement and Argument - Section 1 (Q.No. 1)
Directions to Solve

Each question given below consists of a statement, followed by two arguments numbered I and II. You have to decide which of the arguments is a 'strong' argument and which is a 'weak' argument.

Give answer:

  • (A) If only argument I is strong
  • (B) If only argument II is strong
  • (C) If either I or II is strong
  • (D) If neither I nor II is strong and
  • (E) If both I and II are strong.


1.

Statement: Should India encourage exports, when most things are insufficient for internal use itself?

Arguments:

  1. Yes. We have to earn foreign exchange to pay for our imports.
  2. No. Even selective encouragement would lead to shortages.
Only argument I is strong
Only argument II is strong
Either I or II is strong
Neither I nor II is strong
Both I and II are strong
Answer: Option
Explanation:
Clearly, India can export only the surplus and that which can be saved after fulfilling its own needs, to pay for its imports. Encouragement to export cannot lead to shortages as it shall provide the resources for imports. So, only argument I holds.
Discussion:
18 comments Page 2 of 2.

Ambih said:   1 decade ago
Author should have chosen option A because argument 1 gives a solution for shortage where as argument 2 doesn't tell a solution for shortage -it just tell have what you got. This is the only reason why argument 1 strengthens and argument 2 weakens. Hence option A.

Asad Zaman said:   1 decade ago
This conclusion is IDEOLOGICAL, and does not LOGICALLY follow. There are two opposing ETHICS -- One of them is to encourage self-sufficiency (Gandhi) which supports argument II. The other is the comparative advantage theory of economics, which supports argument I. It is not logically true that acquiring imports will prevent shortages, since exported goods might be foods/grains, while imports might be luxuries.

MANISH KUMAR MISHRA said:   1 decade ago
Argument 1 is strong because it is completely co-related with statement(we should not thing beyond the main issue of statement at any account).

Savan said:   1 decade ago
The question has been put with a sense where ay iuthor is not in favor of exchange as he augments his explanation with statement that we are falling short.

That is why I feel arg-2 strengthens.

Salunke S.D. said:   1 decade ago
Answer is A because India can export only the surplus and the foreign exchange so earned can be utilized to pay for imports.

Onibaba said:   1 decade ago
For me none of the statements holds i.e both not strong

Saksham said:   1 decade ago
Argument 2 is weak as exports of selective items which are not scarce will not harm India.["No. Even selective encouragement would lead to shortages." Doesnt hold]

Argument 1 is strong as it is basic economics.

Ramesh said:   1 decade ago
When most things are insufficient/shortage for internal use. Is the argument I holds strong only to earn foreign exchange ? How it is feasible to afford the internal shortage ? To my mind argument II is strong. Pl discuss.


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