Discuss the historical development of the American Agriculture Industry to its present structure.
What market structure characterizes this industry and why?
What has been the major difficulty facing the farm sector?
What measures has the farm sector taken in an attempt to deal with it difficulties?
Technological improvements have resulted in a major structural change in this industry, both favorable and unfavorable. Discuss the sources and the long run effects of such technological change.
Has government policy toward agriculture helped in alleviating the difficulties, why or why not?
What are some of the guidelines proposed by the World Trade Organization in its attempts to create a more frictionless global economy?