Discussion posts + CEA Flashcards

1
Q

How did the bridge collapse in the Port of Baltimore disrupt trade in the U.S.
(bridge collapse)

A

its the 11th largest port in the nation, top biggest port for the import and export of automobiles

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2
Q

Which industries were immediately affected by the disruption
(Bridge collapse)

A
  • automobile
  • farming vehicles,
  • construction machinery
  • sugar
  • gypsum
  • coal
  • gasoline
  • oil
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3
Q

Which industries/ports were indirectly affected by the disruption
(bridge collapse)

A

New York/New Jersey, Norfolk, Georgia, South Carolina

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4
Q

Where were shipments diverted to
(bridge collapse)

A

New York/New Jersey, Norfolk, Georgia, South Carolina

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5
Q

What is the estimated cost of the disruption
(bridge collapse)

A

bridge was worth $60 million in 1977 but with infaltion it will be a lot higher

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6
Q

What makes race logistics so challenging for these teams
(F1)

A

teams must transport massive amounts of equipment, including the race cars themselves, across the globe to different race locations within tight timeframes

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7
Q

When and how do logistics managers prepare for upcoming seasons
(F1)

A

They plan every detail months and months in advance

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8
Q

What modes of transportation are relied on
(F1)

A

land, air, and sea

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9
Q

What contingencies are put in place
(F1)

A
  • 5 to 6 duplicate kits are shipped via ocean freigh and stored in various locations on each continent
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10
Q

What is a flyaway race
(F1)

A

races that are outside the sports traditional european heartland

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11
Q

What makes flyaway races especially difficult
(F1)

A

takes more planning and coordination to get everything to a different continent

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12
Q

What factors helped expand the colombian rose industry
(Roses)

A
  • Columbias temperature landscape, and location is great for roses
  • the goal to reduce coca production by eliminating tariffs on legal crops
  • Columbia was able to sell roses at a lower cost than the United States due to lower labor costs
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13
Q

How was Columbia benefited from the development of the Columbian rose industry
(roses)

A
  • economic growth
  • a lot more employment
  • sustainability
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14
Q

How was the US benefited from the development of the Columbian rose industry
(roses)

A

Consumers are able to purchase roses in bulk during the holidays and at a reduced cost

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15
Q

What was the goal of the US-Columbian trade promotion agreement? Was it successful?
(roses)

A

intended to open Colombian markets for American exports and remove import taxes on Colombian flowers. It was successful in boosting U.S. agricultural exports, bolstering trade, and assisting the Colombian flower industry

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16
Q
A