GMAT作文

GMAT精选作文 　The following appeared as part of an article in a weekly newsmagazine. 　The country of S

GMAT精选作文 Thefollowingappearedaspartofanarticleina weeklynewsmagazine. ThecountryofSaharcanbestsolveitscurrenttrade deficitproblembyloweringthepriceofsugar,itsprimary export.SuchanactionwouldmakeSaharbetterabletopete formarketswithothersugar-exportingcountries.Thesale ofSaharssugarabroadwouldincrease,andthisincrease wouldsubstantiallyreduceSaharstradedeficit. Discusshowwellreasoned...etc. Theauthorofthisarticlearguesthatthecountryof Saharcanbestsolveitscurrenttradedeficitproblemby loweringthepriceofitsmainexport,sugar.Thelineof reasoningisthatthisactionwouldmakeSaharmore petitivewithothersugar-exportingcountries,thereby increasingsalesofSaharssugarabroadand,inturn, substantiallyreducingthetrade-deficit.Thislineof reasoningisunconvincingforacoupleofreasons. Inthefirstplace,thisargumentisbasedonan oversimplifiedanalysisofthetradedeficitproblemSahar currentlyfaces.Atrade-deficitourswhenacountryspends moreonimportsthanitearnsfromexports.Theauthors argumentreliesontheassumptionthatearningsfrom importswillremainconstant.However,theauthorprovides noevidencethatsubstantiatesthisassumption.Itis