Statement Is common currency a necessary ingredient for Europe rsquo s growth Arguments I Yes A comm...........

Logical Reasoning(Master ) Statement - Arguments

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Statement: Is common currency a necessary ingredient for Europe’s growth?

Arguments:

I. Yes. A common currency will enable entire Europe to market itself as one.

II. No. Similar experiments by Latin America countries have not affected their economies.

If only argument I is strong

If only argument II is strong

If either I or II is strong

If neither I nor II is strong

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Explanation:

Europe marketing itself as one will definitely contribute towards Europe’s growth cannot be ascertained. Also, if similar experiments were not successful in other countries then it does not mean that they will not work in Europe as well. So, none of the argument is strong.

Hence, option 4 is the correct answer.