MCQOPTIONS
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| 1. |
Statement: The government may reduce the export duty on Basmati rice, in view of competition from Pakistan in the international market. Assumptions: I. Reduction in export duty leads to increase in exports. II. Pakistan is an exporter of Basmati rice. |
| A. | if only assumption I is implicit. |
| B. | if only assumption II is implicit. |
| C. | if either I or II is implicit. |
| D. | if neither I nor II is implicit. |
| Answer» B. if only assumption II is implicit. | |