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Recent moves to lower the tariff on Spring lamb imported

Expert replies
by BTGmoderatorDC » Mon Jul 22, 2019 12:14 am

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Answers

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E

Stats

Difficulty

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
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Source: — Critical Reasoning |

edited:

by deloitte247 » Sun Jul 28, 2019 7:01 am
We need to find what isn't favorable to the sheep ranchers.

Premise: sheep ranchers in the united states protested against the lower tariff of spring lambs being imported into the united states.

Explanation: the sheep ranchers are concerned about being forced out of business due to the lower tariff on spring lamb that would cause the market to be flooded with cheap frozen spring lambs.

Option A:- Incorrect Option
This is the belief of the economy; it doesn't seem to affect the sheep ranchers in any way.

Option B:- Incorrect Option
The sheep ranchers are not affected by the taste difference between the frozen spring lamb and fresh spring lamb.

Option C:- Incorrect Option
Well, if true, this isn't the reason for the protest led by the sheep ranchers.

Option D:- Incorrect Option
The quality of the spring lambs produced by the ranchers in the united states is not the major concern of the argument.

Option E:- Incorrect Option
If true, this gives the room for cheap frozen spring lambs to be imported into the united states, which will place the ranchers in a bad position that can force them out of business.
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