Question

As a result of U.S. tariffs imposed on wool from New Zealand, the quantity of this wool that is imported has

Answer 1

As a result of U.S. tariffs imposed on wool from New Zealand, the quantity of this wool that is imported has decreased

U.S. tariffs imposed on wool from New Zealand:

Strong political pressure and lobbying from a domestic industry seeking protection culminated in the United States imposing taxes and quotas on lamb imports into that nation in July 1999.

The US sheep industry's assertions that imports of lamb, primarily from New Zealand and Australia, are endangering its existence are unfounded. Since more than 50 years ago, lamb consumption in the US has been progressively falling, and the sheep industry's fortunes have followed suit.

New Zealand and Australian lamb imports have not caused the decline in lamb consumption by the American consumer or the progressive demise of the US sheep industry.

In fact, New Zealand and Australian imports have stopped lamb from disappearing off US supermarket shelves

Learn more about U.S. tariffs here:

brainly.com/question/13811554

#SPJ4