Paragraph Completion - Trade Protectionism

CAT 2008 Slot 1 · VARC · Medium · Reading Comprehension

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Trade protectionism, disguised as concern for the climate, is raising its head. Citing competitiveness concerns, powerful industrialized countries are holding out threats of a levy on imports of energy-intensive products from developing countries that refuse to accept their demands. The actual source of protectionist sentiment in the OECD countries is, of course, their current lustreless economic performance, combined with the challenges posed by the rapid economic rise of China and India - in that order. [_____]

  1. A.

    Climate change is evoked to bring trade protectionism through the back door.

  2. B.

    OECD countries are taking refuge in climate change issues to erect trade barriers against these two countries.

  3. C.

    Climate change concerns have come as a convenient stick to beat the rising trade power of China and India.

  4. D.

    Defenders of the global economic status quo are posing as climate change champions.

  5. E.

    Today's climate change champions are the perpetrators of global economic inequity.

Answer

D

Explanation

Option (4) encapsulates the underlying theme of OECD countries posing as climate champions for economic protectionism.

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