9/26 Policy Quiz Bowl

What US act established the land grant college system?

What is the term for the gradual consumption of a finite resource?

Which U.S. President created the Environmental Protection Agency

What organization has essentially replaced GATT?

What U.S. law was meant to facilitate the distribution of American farm products in underdeveloped countries?

What term describes soil practices adopted by farmers to reduce erosion?

CRP is a program that pays farmers to take environmentally sensitive land out of production. What does CRP stand for?

Escheat is the public right to acquire property at the death of a person with no will or heirs?

A tax on imports of agricultural goods is known as a(n) _____.

What type of good is not subject to the exclusion principle?

What type of policy is a limit on the amount of a good or service that can be brought into a country

What is the price of borrowed money commonly called?

What type of goods is excludable and need not be provided by the government?

Two goods related in such a way that a price decrease for one good increases purchases of the other good are called:

What is the popular term for the period 1910-1914 with respect to farming?

Which NAFTA country tends to have the greatest share of its agricultural support focused on production input assistance?

A situation of economic isolation where no trade occurs is called:

What is the term for someone who is able to benefit from a good or service without paying for it?

The U. S. Congress consists of two chambers. These are the _____ and the _____.

What is the rate used to convert future values to present value?