I didn't agree with his ____________ at all regarding the future of the ship-building industry.

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The correct answer is "conclusion." In the context of the sentence, "conclusion" refers to the final judgment or inference drawn by someone based on evidence or reasoning. When someone expresses a viewpoint about the future of an industry, they typically arrive at a conclusion from the data or arguments presented. Therefore, not agreeing with the "conclusion" indicates that there was a disagreement on the assessment or interpretation of the situation concerning the ship-building industry.

The other options can be considered in their meanings: "decision" implies a choice made, which isn't directly fitting as the speaker is disagreeing with an interpretative or analytical stance rather than a decision made. "Argument" refers to the reasoning behind a viewpoint; however, in this case, the sentence implies disagreement is with the final point made, not the process leading to it. "Statement," while a general term that could apply, lacks the specificity associated with drawing a conclusion based on an argument or evidence, making it a less appropriate choice.

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