Question 1

The benefits of a public planning project could be:

Accepted Answer

A)  facilitation of trade movement 
B)  increases social cost of delay 
C)  provides services in competition to those private industry would invest in 
D)  to create long term entitlements 
A)  facilitation of trade movement 
B)  increases social cost of delay 
C)  provides services in competition to those private industry would invest in 
D)  to create long term entitlements

Question 2

What the primary mission of the Federal Motor Carrier Safety Administration?

Accepted Answer

The Federal Motor Carrier Safe

Question 3

What is the formal method used by Congress to influence national transportation?

Accepted Answer

A)  congressional committees 
B)  appointment of the heads of the STB and FMC 
C)  formulating laws 
D)  standing committees 
A)  congressional committees 
B)  appointment of the heads of the STB and FMC 
C)  formulating laws 
D)  standing committees

Question 4

What is a "per se" violation under Anti-trust law?

Accepted Answer

A per se violation is a type o

Question 5

Transportation safety continues to receive significant government attention.Is this linked to economic deregulation? Explain your answer.What is the intent of federal safety regulations?

Accepted Answer

With economic regulation being either re

Question 6

Why are the timing and time value of funds important in any capital project analysis?

Accepted Answer

The timing and time value of funds are i

Question 7

What is the best justification for a national transportation policy?

Accepted Answer

A)  without one each mode would optimize its own operations 
B)  the business community would impose its will on the carriers 
C)  national dependence upon the transportation systems of other countries and the nation's ability to be competitive 
D)  the significance of transportation to commerce and defense 
A)  without one each mode would optimize its own operations 
B)  the business community would impose its will on the carriers 
C)  national dependence upon the transportation systems of other countries and the nation's ability to be competitive 
D)  the significance of transportation to commerce and defense

Question 8

The Interstate Commerce Commission (ICC)is usually described as:

Accepted Answer

A)  an arm of the Congress 
B)  an expert body providing a continuity to regulation that neither the courts nor legislature could do. 
C)  the reason that the railroad industry was in such poor condition prior to 1980 
D)  an agency with somewhat limited powers 
A)  an arm of the Congress 
B)  an expert body providing a continuity to regulation that neither the courts nor legislature could do. 
C)  the reason that the railroad industry was in such poor condition prior to 1980 
D)  an agency with somewhat limited powers

Question 9

Industry associations serve two purposes in connection with policy development.They:

Accepted Answer

A)  Lobby and raise funds for political parties 
B)  Meet with regulators and state agencies 
C)  Develop policy and position papers 
D)  develop proposed legislative and administrative ruling concepts, or serve as a united front to proposals harmful to the group 
A)  Lobby and raise funds for political parties 
B)  Meet with regulators and state agencies 
C)  Develop policy and position papers 
D)  develop proposed legislative and administrative ruling concepts, or serve as a united front to proposals harmful to the group

Question 10

Describe the key statements with on national transportation policy with respect to the railroad industry that were included in the Interstate Commerce Commission Termination Act of 1995 (Public Law 104-88):

Accepted Answer

In regulating the railroad industry,it i

Question 11

The Maritime Administration (MARAD)was created to:

Accepted Answer

A)  pay subsidies to U.S. flag carriers who were having difficulty competing against foreign carriers. 
B)  be certain that there would be employment for U.S. sailors and mariners 
C)  prevent the economic decline of the U.S. flag ocean carriers 
D)  Address the needs of ship lines and builders wanting federal aid. 
A)  pay subsidies to U.S. flag carriers who were having difficulty competing against foreign carriers. 
B)  be certain that there would be employment for U.S. sailors and mariners 
C)  prevent the economic decline of the U.S. flag ocean carriers 
D)  Address the needs of ship lines and builders wanting federal aid.

Question 12

Transportation project planning is described as a public activity where purely financial return is not the overriding benefit to be attained.Give the reasons why this activity is a major part of the public activity in the U.S.economy.

Accepted Answer

Transportation project planning is the p

Question 13

Which legal system relies upon principles or rules of law that were developed from court decisions?

Accepted Answer

A)  statutory 
B)  judicial memory 
C)  common law 
D)  common market 
A)  statutory 
B)  judicial memory 
C)  common law 
D)  common market

Question 14

Domestic water carriers have received two major forms of federal promotion.They are:

Accepted Answer

A)  research that led to bigger and more powerful tugboats 
B)  subsidies to plants that located on rivers to use barges 
C)  the work done by the Army Corp of Engineers and the Coast Guard 
D)  exempting water carrier from regulation and ice breakers on the Mississippi River 
A)  research that led to bigger and more powerful tugboats 
B)  subsidies to plants that located on rivers to use barges 
C)  the work done by the Army Corp of Engineers and the Coast Guard 
D)  exempting water carrier from regulation and ice breakers on the Mississippi River

Question 15

Which mode is not covered under the National Transportation Policy?

Accepted Answer

A)  Water carries 
B)  Exempt carriers 
C)  Air carriers 
D)  Rail carriers 
A)  Water carries 
B)  Exempt carriers 
C)  Air carriers 
D)  Rail carriers

Question 16

What is statutory law based on?

Accepted Answer

Statutory law or civil law is

Question 17

Which is a major controversy regarding the Federal Highway Trust Fund?

Accepted Answer

A)  whether the remaining portions of the federal suburban highway system will ever be built 
B)  whether it is legitimate to collect federal excise taxes on road tires 
C)  whether taxes should still be collected since the interstate highway system is 96 percent complete and it is doubtful if the remaining 4 percent will be constructed 
D)  whether states should obtain revenues through vehicle registration fees that are assessed on a vehicle weight basis 
A)  whether the remaining portions of the federal suburban highway system will ever be built 
B)  whether it is legitimate to collect federal excise taxes on road tires 
C)  whether taxes should still be collected since the interstate highway system is 96 percent complete and it is doubtful if the remaining 4 percent will be constructed 
D)  whether states should obtain revenues through vehicle registration fees that are assessed on a vehicle weight basis

Question 18

What is the role of regulatory commissions? How do the courts complement that role?

Accepted Answer

Our regulatory laws are often stated in

Question 19

Describe the purpose of transportation policy.

Accepted Answer

The purpose of transportation policy is

Question 20

What is the federal government's policy toward transportation?

Accepted Answer

A)  It allows the market to control all aspects of transportation 
B)  a series of often conflicting programs driven by politics 
C)  that this is an issue for the states 
D)  is composite of laws, rules, funding programs and regulatory agencies 
A)  It allows the market to control all aspects of transportation 
B)  a series of often conflicting programs driven by politics 
C)  that this is an issue for the states 
D)  is composite of laws, rules, funding programs and regulatory agencies

The benefits of a public planning project could be:

What the primary mission of the Federal Motor Carrier Safety Administration?

What is the formal method used by Congress to influence national transportation?

What is a "per se" violation under Anti-trust law?

Transportation safety continues to receive significant government attention.Is this linked to economic deregulation? Explain your answer.What is the intent of federal safety regulations?

Why are the timing and time value of funds important in any capital project analysis?

What is the best justification for a national transportation policy?

The Interstate Commerce Commission (ICC)is usually described as:

Industry associations serve two purposes in connection with policy development.They:

Describe the key statements with on national transportation policy with respect to the railroad industry that were included in the Interstate Commerce Commission Termination Act of 1995 (Public Law 104-88):

The Maritime Administration (MARAD)was created to:

Transportation project planning is described as a public activity where purely financial return is not the overriding benefit to be attained.Give the reasons why this activity is a major part of the public activity in the U.S.economy.

Which legal system relies upon principles or rules of law that were developed from court decisions?

Domestic water carriers have received two major forms of federal promotion.They are:

Which mode is not covered under the National Transportation Policy?

What is statutory law based on?

Which is a major controversy regarding the Federal Highway Trust Fund?

What is the role of regulatory commissions? How do the courts complement that role?

Describe the purpose of transportation policy.

What is the federal government's policy toward transportation?

Global Supply Chains: The Role and Importance of Transportation

Transportation: The Critical Link in the Economy

Costing and Pricing in Transportation

Motor Carriers

Railroads

Airlines

Water Carriers and Pipelines

Transportation Risk Management

Global Transportation Planning

Global Transportation Execution

Third Party Logistics

Private Transportation and Fleet Management

Issues and Challenges of Global Supply Chains

Filters

Exam 3: Transportation Regulation and Public Policy

The benefits of a public planning project could be:

What the primary mission of the Federal Motor Carrier Safety Administration?

What is the formal method used by Congress to influence national transportation?

What is a "per se" violation under Anti-trust law?

Transportation safety continues to receive significant government attention.Is this linked to economic deregulation? Explain your answer.What is the intent of federal safety regulations?

Why are the timing and time value of funds important in any capital project analysis?

What is the best justification for a national transportation policy?

The Interstate Commerce Commission (ICC)is usually described as:

Industry associations serve two purposes in connection with policy development.They:

Describe the key statements with on national transportation policy with respect to the railroad industry that were included in the Interstate Commerce Commission Termination Act of 1995 (Public Law 104-88):

The Maritime Administration (MARAD)was created to:

Transportation project planning is described as a public activity where purely financial return is not the overriding benefit to be attained.Give the reasons why this activity is a major part of the public activity in the U.S.economy.

Which legal system relies upon principles or rules of law that were developed from court decisions?

Domestic water carriers have received two major forms of federal promotion.They are:

Which mode is not covered under the National Transportation Policy?

What is statutory law based on?

Which is a major controversy regarding the Federal Highway Trust Fund?

What is the role of regulatory commissions? How do the courts complement that role?

Describe the purpose of transportation policy.

What is the federal government's policy toward transportation?

Global Supply Chains: The Role and Importance of Transportation

Transportation: The Critical Link in the Economy

Costing and Pricing in Transportation

Motor Carriers

Railroads

Airlines

Water Carriers and Pipelines

Transportation Risk Management

Global Transportation Planning

Global Transportation Execution

Third Party Logistics

Private Transportation and Fleet Management

Issues and Challenges of Global Supply Chains

Filters