GMAT Critical Reasoning (CR) | Re: Background information: This year, each film submitted to

The correct answer is E and not B.
Let me explain.

Option B relies on the fact that number of domestic film was higher than foreign film.
Read again what option B says:-
B) "Significantly more domestic films than foreign films were submitted to the festival."
Domestic films > Foreign films (remember this point in your head)

Lets simplify Option B to make it more fluid and straightforward. It can be simplified as

B) Number of Domestic film is more than number of foreign film.

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