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Wiki🌾 Agricultural EconomicsFactors Affecting Agricultural CompetitivenessKnowledge test

Test on Factors Affecting Agricultural Competitiveness

Factors Affecting Agricultural Competitiveness: A Student's Guide

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Question 1 of 50%

Innovation and technology improves productivity and lowers costs in agriculture.

Agricultural Competitiveness

20 questions

Question 1: Innovation and technology improves productivity and lowers costs in agriculture.

A. Ano

B. Ne

Explanation: Innovation and technology improves productivity and lower cost.

Question 2: Does an agricultural sector achieve global competitiveness without stable policy?

A. Ano

B. Ne

Explanation: A competitive agricultural sector needs stable policy to compete locally and globally.

Question 3: Access to finance is presented as a primary factor directly affecting agricultural competitiveness in the detailed breakdown of factors.

A. Ano

B. Ne

Explanation: The study materials provide a detailed list of factors affecting competitiveness, which includes market size, innovation and technology, education and skills, infrastructure, government policy, input cost, and labour productivity. Access to finance is mentioned in the concluding summary about what a competitive sector needs, but it is not included in the specific detailed breakdown of factors.

Question 4: Larger market sizes in agriculture typically reduce the ability of producers to sell more products.

A. Ano

B. Ne

Explanation: The study materials indicate that larger markets allow producers to sell more products, contradicting the idea that they reduce this ability.

Question 5: Export regulations are a factor that affects the competitiveness of the agricultural sector.

A. Ano

B. Ne

Explanation: Government policy, which includes export regulations, is listed as a factor that affects the competitiveness of the agricultural sector in the study materials.

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