Bell Ringers

Bell Ringer: Foreign Trade and Import Quotas

Foreign Trade and Import Quotas

Sen. Saxby Chambliss (R-GA) on import quotas in relation to a bill that prevents the importation of foreign-sourced sugar unless there is an emergency shortage of sugar caused by war or other disaster.

Description

Sen. Saxby Chambliss (R-GA) on import quotas in relation to a bill that prevents the importation of foreign-sourced sugar unless there is an emergency shortage of sugar caused by war or other disaster.

Bell Ringer Assignment

  • In the amendment proposed by Sen. Chambliss, what exigent circumstances would override an import quota on foreign-sourced sugar?
  • Why does Sen. Chambliss suggest that a 60 day acceleration in determining whether to lift the existing import quota is necessary?

Additional Resources

Participants

    Vocabulary

    • Amendment
    • Bureaucratic Process
    • Farm Bill
    • Shortfall
    • Supply And Demand
    • U S D A

    Topics

    Economics & Financial Literacy

    Grades

    High SchoolUniversity