Discussion
Exports and imports, a swelling favourable balance of trade, investments and bank-balances, are not an index or a balance sheet of national prosperity. Till the beginning of the Second World War, English exports were noticeably greater than what they are today. And yet England has greater national prosperity today than it ever had. Because the income of average Englishmen, working as field and factory labourers, clerks, policemen, petty shopkeepers and shop assistants, domestic workers and other low-paid workers, has gone up.
The passage best supports the statement that:
Answer: A
Correct answer: a country’s economic standard can be best adjudged by per capita income.
The passage rejects one measure and supplies another. Trade balance, investments and bank balances are not an index of national prosperity; England exported more before the war yet is more prosperous now.
The reason given is that the income of the average worker - labourers, clerks, shop assistants, domestic workers - has risen. That is per capita income, and it is the only yardstick the passage endorses.
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