Previous Year Questions

Question :

The given sentences, when properly sequenced, form a coherent paragraph. Each sentence is labeled with a letter. Choose the most logical order of the sentences from among the five given choices to construct a coherent paragraph keeping sentence (B) as the first sentence of the paragraph.

A. It's an important, and usually overlooked point, that countries don't trade, only people and businesses trade and every international transaction by definition has a satisfied buyer and a satisfied seller

B. Trump's administration still believes that it is bad whenever America imports more from another country than it exports, using terms like unfair and unbalanced.

C. Moreover, the "trade deficit" is "exactly offset" by "investment surplus" that reflects the country's ability to attract foreign investment

D. Attempting to "balance" trade between countries can lead to trade wars.

E. If the U.S. tries to 'fix' the trade deficit, they will only succeed in cutting off the net inflow of foreign investment

F. For example, trade deficit in many countries has been lower in times of recession.

G. Economists have understood for centuries that trade deficits are not a good indicator of a country's economic well-being.