What is the main factor driving the recent increase in wool prices?
Knitted Sneakers Are Helping Kick Wool Higher

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Business, Architecture, Life Skills
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
New uses of wool in sneakers
Increased wool production
Government subsidies
Decrease in wool demand
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which companies are contributing to the new market for wool?
Converse and Vans
New Balance and Skechers
Nike, Adidas, and Puma
Reebok and Under Armour
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has Australian wool production changed over the past 20 years?
It has halved
It has remained the same
It has tripled
It has doubled
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of the world's wool used in apparel is supplied by Australia?
10%
50%
70%
20% + 90%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might the rising wool prices affect the cost of sneakers?
Sneakers will be discontinued
Sneakers will remain the same price
Sneakers will become slightly more expensive
Sneakers will become significantly cheaper
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