Question

10. Assess an Argument Consider the following argument in favor of continued
economic aid to other nations and then assess whether the argument is valid:
Foreign economic aid to other countries is a good investment for the United
States. It comprises only one percent of the entire federal budget, some $20 billion
dollars, and yet returns untold amounts in increased sales of American goods
and services.

Answer 1

The argument in favor of US economic aid to other nations is invalid because the premises do not relate to the conclusion.

An argument is valid when all the premises are true and build a true conclusion.

According to the above, the argument presented has the following premises:

• Foreign economic aid to other countries is a good investment for the United States.
• It comprises only one percent of the entire federal budget, about $ 20 billion.

And the conclusion it presents is:

• Returns untold amounts in increased sales of American goods and services.

According to the above, the argument is a fallacy because the premises are not related to the conclusion because:

An investment is an economic contribution to receive a later profit, in this case, the United States is investing, and those who are receiving the profit are private US companies. Furthermore, no argument is presented that relates the increase in sales of goods and services with this investment.

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