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Recent moves to lower the tariff on Spring lamb imported into the United States have met with protests from sheep ranchers in the United States. These ranchers complain that the United States' market would be flooded with cheap frozen Spring lamb imported from Argentina and New Zealand, and that they would be forced out of business.
Which of the following, if true, would be most damaging to the United States sheep ranchers' position?
A. Many economists believe that tariffs actually damage the industry which they are intended to protect.
B. There is a subtle difference in the tastes of frozen Spring lamb and fresh Spring lamb.
C. Sales of Spring lamb within the United States have been falling for many years as consumers look for lighter, less fatty meat.
D. The quality of Spring lamb produced by ranchers in the United States is as high as any in the world.
E. Almost all of the Spring lamb produced by ranchers in the United States is exported.
OA E
Source: Manhattan Prep
Which of the following, if true, would be most damaging to the United States sheep ranchers' position?
A. Many economists believe that tariffs actually damage the industry which they are intended to protect.
B. There is a subtle difference in the tastes of frozen Spring lamb and fresh Spring lamb.
C. Sales of Spring lamb within the United States have been falling for many years as consumers look for lighter, less fatty meat.
D. The quality of Spring lamb produced by ranchers in the United States is as high as any in the world.
E. Almost all of the Spring lamb produced by ranchers in the United States is exported.
OA E
Source: Manhattan Prep
