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Agricultural economics hw, Exercises of Agricultural economics

Homework assignment from agricultural economics course

Typology: Exercises

2018/2019

Uploaded on 02/01/2019

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AGR 423
Assignment 3 (Chapter 4)
October 4, 2018
Due October 11, 2018
The information in Chapter 4 serves as aid to understanding the U.S. position in the world market,
the nature of the competition it faces, the policies of other countries, and the constraint on U.S.
policy.
A bloc is a group of states, countries or regions united for common action, such as reducing tariffs
among trading partners.
A country is a politically independent entity that is defined within a politically established land
borders.
1. What is NAFTA? What is the main failing of NAFTA?
2. What are geopolitical centers of influence? Which one is the U.S. involved in? What
one is the oldest?
3. List the trading blocs to which the U.S. is a member.
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AGR 423

Assignment 3 (Chapter 4)

October 4, 2018

Due October 11, 2018

The information in Chapter 4 serves as aid to understanding the U.S. position in the world market, the nature of the competition it faces, the policies of other countries, and the constraint on U.S. policy.

A bloc is a group of states, countries or regions united for common action, such as reducing tariffs among trading partners.

A country is a politically independent entity that is defined within a politically established land borders.

1. What is NAFTA? What is the main failing of NAFTA?

2. What are geopolitical centers of influence? Which one is the U.S. involved in? What

one is the oldest?

3. List the trading blocs to which the U.S. is a member.

4. Among the blocs, why is MERCOSUR arguably of greatest concern to United States

agriculture (give two reasons).