text: Check GMAT Club Decision Tracker for the Latest School Decision Releases https://gmatclub.com/AppTrack
  
   It is currently 29 May 2017, 05:18
  
  ### GMAT Club Daily Prep
  
  #### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
  
  Customized
  for You
  
  we will pick new questions that match your level based on your Timer History
  
  Track
  
  every week, we’ll send you an estimated GMAT score based on your performance
  
  Practice
  Pays
  
  we will pick new questions that match your level based on your Timer History
  
  # Events & Promotions
  
  ###### Events & Promotions in June
  Open Detailed Calendar
  
  # Neither a rising standard of living nor balanced trade, by
  
   new topic post reply Question banks Downloads My Bookmarks Reviews Important topics
  Author Message
  Senior Manager
  Joined: 04 Mar 2007
  Posts: 435
  Followers: 2
  
  Kudos [?]: 44 [0], given: 0
  
  Neither a rising standard of living nor balanced trade, by [#permalink]
  
  ### Show Tags
  
  05 Jun 2007, 10:08
  00:00
  
  Difficulty:
  
  (N/A)
  
  Question Stats:
  
  0% (00:00) correct 0% (00:00) wrong based on 0 sessions
  
  ### HideShow timer Statistics
  
  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
  Director
  Joined: 17 Jul 2006
  Posts: 707
  Followers: 1
  
  Kudos [?]: 13 [0], given: 0
  
  ### Show Tags
  
  05 Jun 2007, 11:12
  It's A.
  Senior Manager
  Joined: 04 Jun 2007
  Posts: 367
  Followers: 1
  
  Kudos [?]: 75 [0], given: 0
  
  ### Show Tags
  
  05 Jun 2007, 13:50
  I just did this question on the OG last night, and got A.
  
  Don't remember what the OA is though.
  05 Jun 2007, 13:50
  Similar topics Replies Last post
  Similar
  Topics:
  1 Neither rising industrial output nor a high national minimum 9 17 Aug 2010, 14:03
  1 Reducing speed limits neither saves lives nor protects the 2 01 Jul 2009, 06:47
  Reducing speed limits neither saves lives nor protects the 0 15 Aug 2012, 23:18
  Neither a rising standard of living nor balanced trade, by 10 13 Jun 2008, 02:21
  Reducing speed limits neither saves lives nor protects the 4 18 Oct 2007, 20:21
  Display posts from previous: Sort by
  
  # Neither a rising standard of living nor balanced trade, by
  
   new topic post reply Question banks Downloads My Bookmarks Reviews Important topics
  
   Powered by phpBB © phpBB Group and phpBB SEO Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.
metadata: {"found_math": false, "script_math_tex": 0, "script_math_asciimath": 0, "math_annotations": 0, "math_alttext": 0, "mathml": 0, "mathjax_tag": 0, "mathjax_inline_tex": 0, "mathjax_display_tex": 0, "mathjax_asciimath": 0, "img_math": 0, "codecogs_latex": 0, "wp_latex": 0, "mimetex.cgi": 0, "/images/math/codecogs": 0, "mathtex.cgi": 0, "katex": 0, "math-container": 0, "wp-katex-eq": 0, "align": 0, "equation": 0, "x-ck12": 0, "texerror": 0}