I got this one wrong, but now understand the error of my ways. Here it is:
Stimulus:
Premise 1: The percentage of British people who vacationed abroad 30 years ago is much smaller than the percentage of people who vacation abroad now.
Conclusion: British people must have more money to spend on vacation today than they did 30 years ago.
So the author assumes that based on an increase in the percentage of British people who take vacations abroad that it is safe to conclude that British people have more money on average to spend on vacations.
The core would look like this:
Increase in % of British British people must have
people vacationing abroad -----> more money to spend on
from 30 years ago vacations than 30 years ago.
So we can see that it's a pretty big assumption to make that British people taking more vacations today must mean they have more money to spend on vacations abroad. Perhaps they don't have more money to spend, but instead have priorities that have changed which have made vacations abroad more important than they were in the past. Or perhaps British people are actually going into debt more than they have in the past. It could be many other things, but the question is asking us for a necessary assumption that the argument requires in order to be valid. Let's check out the answer choices:
(A) This asks us to examine a hypothetical based on what British people might have done 30 years ago if foreign travel had been less expensive. If anything, based on the assumption the author is making, had the cost of travel been less 30 years ago then the British people would have traveled more perhaps. However, that would require us having more information on whether or not the lower cost of travel was sufficient to allow more people to afford travel abroad. We don't have that information and so this answer choice is wrong.
(B) This is about "travel to Britain" whereas the stimulus is about "British people traveling abroad". Out of scope. Get rid of it.
(C) This is trying to force us to infer something that you just cannot infer. We know that the percentage of British people vacationing abroad 30 years ago was lower, but we cannot infer from that information that as a result they spent more money on "domestic vacations". Unsupported. Get rid of it.
(D) This is it. I originally did not choose it, because I saw our conclusion focusing on British people today that vacation abroad more while this answer choice talks about British people from 30 years ago who vacation abroad less. However, this answer choice is relevant as it sets up a conditional that must be the case in order for the authors argument to be true. Here is what what the conditional and its contrapositive looks like:
If more Brits from 30 More Brits from 30
years ago had enough ------> years ago would have
money to vacation vacationed abroad
abroad
The contrapositive of this clearly reveals that this must be the case in order for the authors argument to hold water. In essence the contrapositive says:
More Brits from therefore More Brits did not enough
30 years ago did ----> money to vacation abroad
not vacation abroad
Please feel free to ask more questions if the necessity of this statement to the author's argument is not apparent.
(E) This answer choice is just plain wrong, but deceitful in the time crunch of the test. This answer choice talks about British people being "wealthier" whereas our argument makes no mention of an increase in overall wealth. The stimulus only makes an argument about having more money to spend on average for vacations abroad. These are two very different things. Feel free to ask if the difference is not readily apparent. Out of scope. Get rid of it.