Unit 8 Slideshow

Question 1

What are the Ecological & Economic Principles governing fisheries

Answer 1

Resource extraction with preservation

Question 2

What is the Externality of Fisheries

Answer 2

Common property: good is overconsumed

Question 3

What should the goals be of Renewable Resources

Answer 3

-Harvest as much as can be sustained: MSY
-Support Biodiversity
-Max. economic efficiency
-Maintain ecosystem resilency

Question 4

What is the current relationship b/w Marine catch and Fishing effort

Answer 4

catch is flatlining with more effort in fishing

Question 5

Why is Fisheries management so difficult

Answer 5

-common resource
-open ocean
-ecologically complex
-difficult to ascertain populations
-difficult to monitor
-acceptability of policy
-traditions of lifestyle
-community reliance

Question 6

What are the Pros of ITQs

Answer 6

Effective: less likely hood of collapse
Efficient

Question 7

What are the Cons of ITQs

Answer 7

Equity
Administratively complex
May not be fully accepted: hurts local fishers

Question 8

What is High-Grading

Answer 8

Take the best catch-throw back the rest