levo

Future of Food

Trade policy, the World Trade Organization and appropriate aid

  • 2 things to know
  • Component 03

Overview

Recall questions on tariffs and agricultural subsidies, how rich-country subsidies harm poorer farmers, food export bans, the World Trade Organization, its agreement on agriculture and the stalled Doha Round, tariff escalation, regional trade blocs, appropriate aid, cash transfers versus food shipments, tied aid, and long-term development aid.

What you need to know

Answer each one before you reveal it.

Your recallNot started
Key term

What is a tariff?

Evaluation

Explain how farm subsidies in rich countries can harm farmers in poorer ones.

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    What is a tariff?

    Model answer

    A tariff is a tax charged on an imported good, which raises its price in the importing country.

  2. 2

    What is an agricultural subsidy?

    Model answer

    It is a payment or price support from government to farmers, which lowers their costs or guarantees their income.

  3. 3

    Explain how farm subsidies in rich countries can harm farmers in poorer ones.

    Model answer

    Subsidised surpluses are sold on world markets below their true cost of production, which depresses the prices that unsubsidised farmers elsewhere depend on.

  4. 4

    What is an export ban, and why do governments impose them on food?

    Model answer

    It is a prohibition on selling a commodity abroad, imposed to keep domestic supplies at home and hold prices down when shortage threatens.

  5. 5

    Explain why export bans can make a world food crisis worse.

    Model answer

    Each ban withdraws supply from the world market and signals panic, so prices rise further and other exporters are tempted to follow suit.

  6. 6

    When was the World Trade Organization established, and what did it replace?

    Model answer

    It was established in 1995, taking over from the General Agreement on Tariffs and Trade.

Other ways to work this

The same content, four other ways.

What is inside Levo

Six ways to work the same material.

1Closed book
2Open book
3Closed book

The 3-step method, run for you

Answer cold, learn it, then prove it stuck. Levo tracks the jump between your first attempt and your last.

Coastal Landscapes
Glaciated Landscapes
Dryland Landscapes
Earth’s Life Support Systems

Cram a whole paper in one sitting

Sort every topic into what you know and what you do not, then drill only the weak ones.

Hotter magma is .
runnierthickerslower

Blank Blitz makes facts automatic

Rapid timed gap-fills on the terms and numbers you need to recall without thinking.

AThe lower quartile is the 2nd value, 11 cm.
BThe upper quartile is the 6th value, 16 cm.
CThe interquartile range is 16 − 11 = 5 cm.

Build It gets the exam shape right

Assemble a full-mark answer from its marking points, in the order an examiner wants them.

The sunspot cycle lasts about 11 years.
TrueFalse

Test It catches misconceptions

Spot the fault in a statement. The traps are the mistakes students actually make.

721941163128510

Brain Breaks between sessions

Short focus games to reset attention, so the next set lands better than the last.

Every question in Future of Food, on a schedule.

Attempt a question from memory, write the correct version, then attempt it again. Levo records the jump between your first attempt and your last, and brings each question back on the day you are due to forget it.

Or £46 a year, about £3.83 a month. Cancel anytime.