The Canadian fresh vegetable | nursing homework essays
The Canadian fresh vegetable sector has struggled in recent years with farm level profitability and
import competition. As a small importing country, Canada has been negatively affected by
depressed world prices and increasing costs.
Canadian fresh vegetable producers have asked for one of two initiatives to be implemented:
- A cost of production price support program that would guarantee a minimum yearly price
for fresh vegetables in Canada - The introduction of supply management for fresh vegetables in Canada
Using a supply-demand framework, discuss the possible market and welfare impacts of these two
policies on Canadian fresh vegetable farmers, consumers, and government expenditures.
Question 2: Total Marks=20
You have been asked to prepare a brief overview of the financial situation facing Ontario and
Quebec fruit and nut farms. Develop this overview including any relevant assumptions or
limitations using Statistics Canada CANSIM table 002-0072
Question 3: Total Marks=20
Canada is considering implementing a non-recourse marketing loan program for corn similar to that
of the United States. Describe how this program might work and what would be some issues for
policy makers to consider based on the experience of the United States and Canada’s trade position
in the world corn market.
2
Question 4: Total Marks=20
The Minister of Agriculture has asked you to review the statistics table entitled Direct Payments to
Agriculture Producers using CANSIM table: 32-10-0045-01 (formerly CANSIM 002-0001) and
provide your estimate and explanation of the national Aggregate Measure of Support that Canada
would report to the WTO for 2003 and 2019. Discuss how and why the amount differs from a
policy perspective.
Question 5: Total Marks=20
More and more Canadians are food insecure from an income perspective. Ministers of Agriculture
have suggested the adoption a Canadian version of the United States Supplemental Nutrition
Assistance Progam (SNAP). You have been asked to review this option from an economic and trade
perspective and provde an alternative option to the US SNAP model.
Sample Solution
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