Question

3. Which two sentences work together to express the topic of Paragraph 27 4. What is the main idea of Paragraph 3? a. Citizens would benefit significantly from purchasing goods made in their country. b. It is advantageous for workers to adapt swiftly to dynamic economic conditions. c. Workers should change their circumstances as soon as the economy is hit with problems. d. Protectionist policies serve to help workers in certain industries keep their jobs. 5. What is the main idea of Paragraph 4? a. Small businesses have a unique advantage because they cater to the preferences of citizens in their country. b. Customers should recognize that the impact they can make on the global economy by "buying local" is limited c. As a result of economic downturns, local companies are often forced to take different business approaches. d. Companies do everything in their power to inform consumers of the drawbacks of foreign competition 6. What is the topic of Paragraph 4? Write it in your own words.

Answer 1

3) In the short run, the domestic businesses can be protected through trade barriers like tariffs, quotas etc. However, in the long run, such trade barriers are harmful, as they not only have a negative impact on international trade relations but also weakening of domestic businesses.

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4) (b) It is advantageous for workers to adapt swiftly to dynamic economic conditions.

Reason- In paragraph 3, it says, "If the business adapt to the changing circumstances early on, they will be better off." Option (c) does not convey the meaning of paragraph 3 completely. Option (a) is nowhere talked about. Option (d) is not conveying the meaning.

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5) (b) Customers should recognise that the impact that they can make on the global economy by "buying local" is limited.

Reason- The paragraph says that buying local might have a short term impact but in the long term, it will have a harmful effect on the economy. Only option (b) justifies the crux of the paragraph. Rest of the options does not.

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6) Paragraph 4 says that buying locally produced goods may give a sense of patrotism to its customers. It might be beneficial for these local manufacturers in the short run. However in the long run, they will lose out on their customers due to increased international competition and will not be able to cope up with increased competition. Hence, the consumers instead of helping the domestic producers to avert the competition by buying locally produced goods all the time, they should provide them with incentives so that they can emerge out stronger from the competition.

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