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Vincennes University AGBS 434 Allison M Stoup AGBS434 - Public Policy Quiz Chapter 1 1)In recent years the U
Vincennes University
AGBS 434
Allison M Stoup AGBS434 - Public Policy
Quiz
Chapter 1
1)In recent years the U.S. has made substantial progress in ensuring the safety of the food supply.
- Instability is the traditional problem confronting agriculture.
- Chain supply management leads to question regarding the ability of family farms to survive.
- Biotechnology:
- Technological advances typically have the following consequences
- Producers and consumers of agricultural commodities are very responsive to prices in the short run
- Industrialization of agriculture refers to integration throughout the food chain and brings into question the survival of the family farm
- A new world order has developed that is known as energy scarcity
- A quota on cheese imports is a government policy
- Understanding farm policy often requires consideration of foreign policy
- In spite of globalization, effective U.S. policy can be made without consideration of the consequences for other countries
- Many of today’s agricultural policy issues are simply recycled from the past with a different twist.
- Unforeseen events are having more impact on agriculture today than in the past
- Farm prices are unstable because the supply and demand for food is generally quite elastic
- WTO is an international program that implements a freer trade policy
- The forces of change tend to undermine the independence of the family farm
- Which of the following are government policies:
- Policy changes generally are incremental
- Recent experience with farm bills clearly indicates that farmers’ political influence is decreasing.
- Technological advances generally lead to lower farm prices
- Biotechnology is structurally neutral.
- Which of the following do not reflect the realities of instability in agriculture
- The supply of farm products is generally more stable than the demand
- In the 2002 farm bill debate, little attention was given to the potential for violating the Uruguay Round WTO agriculture agreement
- Unforeseen events are having more impact on agriculture today than in the past
- Shifts in food supply and demand are generally accompanied by proportionately larger price changes
- Globalization makes economies less dependent on one another.
- Agricultural and food policy mainly involves a discussion of farm programs.
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