Chapter 18 Flashcards

1
Q
  1. What does sustainable management of a renewable resource involve?
A

Sustainable management of a new renewable resource involves maintaining the resource’s source and sink functions in such a way that its quality and availability remain stable over time.

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2
Q
  1. What is the maximum sustainable yield of a renewable resource?
A

The maximum sustainable yield of a renewable resource is the maximum quantity of a natural resource that can be harvested annually without depleting the stock or population of the resource.

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3
Q

What is a logistic curve?

A

An S-shaped growth curve tending toward an upper limit.

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4
Q
  1. What happens if the population of a species falls below the critical level?
A

If the population of a species falls below the critical level (minimum level to survive), then it will reach extinction.

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5
Q
  1. What is the economic optimum yield level for a fishery?
A

The economic optimum yield level for a fishery is when the benefit is the highest while still being ecologically sustainable.

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6
Q
  1. What is the open-access equilibrium for a fishery?
A

The open-access equilibrium for a fishery is when more effort to catch the fish is higher due to fish population stick being low.

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7
Q
  1. How might the economic optimum yield level for a fishery be obtained?
A

It’s obtained when fish population stocks are relatively high.

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8
Q

What is a bycatch?

A

The harvesting of aquatic organisms other than the intended commercial species

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9
Q
  1. What is the status of the world’s fish stocks?
A

As of 2017,

6% of the fish stocks were classified as underfished,

60% were maximally sustainably fished, and

34% were overfished.

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10
Q
  1. What is the 1982 Law of the Sea?
A

An United Nations treaty in which countries can claim territorial rights to many important offshore fisheries by requiring a fishing license within their zone.

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11
Q
  1. What policies could be instituted to encourage sustainable fishery management?
A

Requiring fishing licenses for fisheries to fish within an Exclusive Economic Zone and having individual transferable quotas.

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12
Q

What are individual transferable quotas (ITQs)?

A

Tradable rights to harvest a resource, such as a permit to harvest a particular quantity of fish.

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13
Q

What is ecolabeling?

A

A label on a good that provides information concerning the environmental impacts that resulted from the production of the good.

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14
Q

How can ecolabeling be used?

A

It could be used to encourage sustainable fishery management by providing fisheries financial incentives because consumers pay more for a good if it was sustainably produced.

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