Vincennes University AGBS 434 Allison M Stoup AGBS434-Public Policy Chapter 1 1)In recent years the U

Vincennes University

AGBS 434

Allison M Stoup AGBS434-Public Policy

Chapter 1

1)In recent years the U.S. has made substantial progress in ensuring the safety of the food supply.

2. Instability is the traditional problem confronting agriculture.

3. Chain supply management leads to question regarding the ability of family farms to survive.

4. Biotechnology:

5. Technological advances typically have the following consequences

6. Producers and consumers of agricultural commodities are very responsive to prices in the short run

7. Industrialization of agriculture refers to integration throughout the food chain and brings into question the survival of the family farm

8. A new world order has developed that is known as energy scarcity

9. A quota on cheese imports is a government policy

10. Understanding farm policy often requires consideration of foreign policy

11. In spite of globalization, effective U.S. policy can be made without consideration of the consequences for other countries

12. Many of today’s agricultural policy issues are simply recycled from the past with a different twist.

13. Unforeseen events are having more impact on agriculture today than in the past

14. Farm prices are unstable because the supply and demand for food is generally quite elastic

15. WTO is an international program that implements a freer trade policy

16. The forces of change tend to undermine the independence of the family farm

17. Which of the following are government policies:

18. Policy changes generally are incremental

19. Recent experience with farm bills clearly indicates that farmers’ political influence is decreasing.

20. Technological advances generally lead to lower farm prices

21. Biotechnology is structurally neutral.

22. Which of the following do not reflect the realities of instability in agriculture

23. The supply of farm products is generally more stable than the demand