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:
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:
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:
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.
Discussion & Comments