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GMAT Essay Topic 536 - The following appeared as part of an article in a weekly newsmagazine. "The country of Oleum can best solve the problem of its balance of trade deficit by further increasing the tax on its major import, crude oil. After Oleum increased the tax on imported crude oil four months ago, consumption of gasoline declined by 20 percent. Therefore, by imposing a second and significantly higher tax increase next year, Oleum will dramatically decrease its balance of trade deficit." Discuss how well reasoned . . . Etc.


Trade Deficit Score: 4.5 July 6th, 2016 by findscore.com
The author of the argument suggests that Oleum can balance its trade deficit by increasing the tax on crude oil,which is one of its major import. To support his conclusion, he then mentions the dec... Read more
Impact of Tax on TRADE DEFICIT Score: 5 August 2nd, 2015 by findscore.com
The argument states that in order to resolve the problem of trade deficit the country of Oleum can increase tax on imported crude oil, this increase in tax will lead to lower import thereby reducin... Read more
The argument concludes that country of Oleum should increase import duty on crude oil substantially next year. This will help Score: 5 January 26th, 2015 by findscore.com
The argument concludes that country of Oleum should increase import duty on crude oil substantially next year. This will help in reducing trade deficit. The author supports his conclusion by statin... Read more
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In the argument, the author concludes that imposing a higher tax on imported crude oil can significantly change the balance Score: 4.5 January 12th, 2015 by findscore.com
In the argument, the author concludes that imposing a higher tax on imported crude oil can significantly change the balance of trade deficit in Oleum. To support the analysis, the arguer provides t... Read more
Tax Increase and Deficit Reduction Score: 5 July 26th, 2014 by findscore.com
The author concludes that tax increases on crude oil import, the biggest import in oleum, will result in further decrease in the deficit. Author basis his argument on the premise that previous tax ... Read more
The editor of a weekly newspaper stated the argument that the Oleum can decrease its trade deficit by increasing the Score: 5 June 19th, 2014 by findscore.com
The editor of a weekly newspaper stated the argument that the Oleum can decrease its trade deficit by increasing the tax on the imports of crude oil. The argument is substantially flawed and the au... Read more
Is increasing taxes solution to trade deficit Score: 4 August 1st, 2013 by findscore.com
Controlling the trade deficit is the major concern for any country to survive in the current scenario. Many different and hard steps have to be taken by countries to curb the trade deficit. The aut... Read more
Balance of Trade Score: 5 June 19th, 2012 by findscore.com
The author's argument that "Oleum country can solve the problem of trade deficit by further increasing the tax on its major import, crude oil. An increased tax on imported crude oil will ensure red... Read more
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Our total sales have increased this year by 20 percent Score: 5 October 14th, 2011 by findscore.com
At first glance, the author's argument appears to be somewhat convincing, but further reflection reveals that the conclusion is based on some dubious assumptions and the reasoning is biased due to ... Read more
The argument claims that by imposing a second and significantly higher tax increase next year it will dramatically decrease its balance of trade deficit Score: 4.5 October 31st, 2008 by findscore.com
The argument claims that by imposing a second and significantly higher tax increase next year it will dramatically decrease its balance of trade deficit. Stated in this way argument relies on numbe... Read more
crude oil Score: 3.5 October 6th, 2007 by findscore.com
According to the author, by increasing the taxes on the import of crude oil, their will be a balance of trade deficit. The argument is not convincing to me mainly because of the following reasons w... Read more
Trade Deficit Score: 4 December 12th, 2006 by findscore.com
The author suggests that the country of Oleum can reduce its trade deficit by imposing a significant tax increase on crude oil, its largest import. The evidence cited by the author to support his ... Read more

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