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Homework answers / question archive / Vincennes University AGBS 434 Chapter 6 1)The provision of international market information is more important to small firms than to large firms

Vincennes University AGBS 434 Chapter 6 1)The provision of international market information is more important to small firms than to large firms

Management

Vincennes University

AGBS 434

Chapter 6

1)The provision of international market information is more important to small firms than to large firms.

 

 

 

  1. In the Doha Round the U.S. desires to enhance the benefits to developing countries from the international trading system.

 

 

  1. NAFTA is a common market

 

 

  1. The EU is more highly integrated economically than NAFTA.

 

 

  1. The EU is an economic union.

 

 

 

  1. U.S. development assistance ultimately decreases U.S. agricultural competitiveness, increases competition, and depresses world market prices.

 

 

  1. MERCOSUR is a common market.

 

 

  1. Free trade increases food security

 

 

  1. U.S. trade policy and development policy are separate issues

 

 

 

  1. The emphasis in NAFTA has been on market integration

 

 

  1. Food safety as an element of food security has few trade implications

 

 

  1. Much like lawyers supporting unlimited damages awarded by juries, lawyers also support TRLs

 

 

 

  1. All American Presidents since WW II have embraced freer trade

 

 

 

  1. If NAFTA markets do not integrate by free trade, they will integrate by movements of capital investment

 

 

  1. The United States emphasizes positive food diplomacy

 

 

 

 

  1. U.S. foreign development assistance is not in the interest of farmers.

 

 

  1. Bilateral trade agreements have the potential to undermine the WTO

 

 

  1. A new world order referred to as globalization has developed, and there is no turning back.

 

 

  1. In dollar terms the United States is the largest supplier of food aid and development assistance.

 

 

  1. The Constitution vests with the Congress the authority to regulate foreign relations

 

 

  1. The major mission of FAS/USDA is to provide development assistance to other countries.

 

 

  1. U.S. trade policy is complete free trade

 

 

  1. In the Doha Round the Bush strategy is to simply further reduce barriers to trade negotiated in the URAA.

 

 

  1. U.S. policy regarding trade is determined by the Secretary of Agriculture

 

 

  1. NAFTA is a customs union.

 

 

 

  1. The United States accounts for the majority of export subsidies in the world.

 

 

  1. The adequacy of the global food supply has seldom been in question in the past 50 years.

 

 

  1. If NAFTA were economically integrated, it would imply a common currency.

 

 

 

 

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