Statement — This move has been taken from the point of view of exchange rate management.\n\nAssumptions —\nI. Such a move is not desirable.\nII. No other move is possible.

Difficulty: Medium

Correct Answer: if neither Assumption I nor Assumption II is implicit

Explanation:


Introduction / Context:
The statement tells you the policy lens: a certain move was chosen for exchange rate management considerations. It does not evaluate desirability, nor does it claim exclusivity among policy options. The task is to identify whether the statement presupposes either undesirability or lack of alternatives. It does not. It merely states the perspective from which the move was taken, leaving value judgment and alternative availability open.



Given Data / Assumptions:


  • Information: the move aligns with exchange rate management goals.
  • Assumption I tested: the move is undesirable.
  • Assumption II tested: there was no other possible move.


Concept / Approach:
A bare explanatory statement about perspective requires only that the move is relevant to exchange rate management. It does not require any negative evaluation, and it does not eliminate the possibility of other tools. Therefore neither I nor II is logically necessary for the statement to be meaningful.



Step-by-Step Solution:


1) Parse the core: motive lens = exchange rate management.2) Check I: a claim of undesirability is not implied by mentioning the lens.3) Check II: exclusivity is not implied; multiple policy tools can exist simultaneously.4) Conclude that neither I nor II must be assumed.


Verification / Alternative check:
Replace the clause with a positive valuation or the presence of alternatives; the original statement remains true. This shows the statement is compatible with both desirable and undesirable views, as well as with the presence or absence of alternatives, hence neither assumption is needed.



Why Other Options Are Wrong:


Only I: injects an evaluation absent from the text.Only II: adds exclusivity not asserted.Either/Both: overreach beyond what the statement conveys.


Common Pitfalls:
Equating explanation of motive with endorsement or condemnation, or with claims about policy uniqueness.



Final Answer:
Neither Assumption I nor Assumption II is implicit.

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