Deck 3: Transportation Regulation and Public Policy

Question 1

Which sentence best describes the current regulation of transportation?

A) The federal government controls all aspects of transportation
B) The federal government has removed most economic control but continues to oversee aspects of transportation safety
C) The government lets most carriers do what they want
D) The air line industry is free of all regulation but the railroads are still closely regulated

Answer 1

B

Question 2

What is the best justification for a national transportation policy?

A) that without one each mode would go its own direction
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

Answer 2

D

Question 3

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

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 Corp of Engineers and the Coast Guard
D) exempting water carrier from regulation and ice breakers on the Mississippi River

Answer 3

C

Question 4

User fees:

A) do not impact wasteful use
B) designed to discourage use of a facility by private firms
C) may equalize intermodal competition
D) encourage private investment

Question 5

States can regulate:

A) interstate traffic
B) interstate if it terminates in that state
C) certain safety issues that do not create an undue burdon on interstate commerce
D) interstate if it orininates in that state

Question 6

Since economic deregulation of the modes,safety regulations:

A) has received greater attention
B) has also be deregulated
C) delegated to the states funded with block grants
D) turned over to the Department of Homeland Security

Question 7

Amtrak was created to:

A) relieve the railroads of the burden non profitable passenger business
B) allow federal planners to create a balanced system without the profit motive of the private sector
C) as a first step towards nationalization of the modes of transportation
D) relieve the pressure of automobile traffic on the highways by providing an alternate mode of transport.

Question 8

The Maritime Administration (MARAD)was created to:

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) in response to ship lines and builders wanting federal aid.

Question 9

What agency was created to secure America from terrorist attacks?

A) Cost Guard
B) Department of Homeland Security
C) The Special Forces
D) Federal Bureau of Investigation

Question 10

Which mode is not covered under the National Transportation Policy?

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

Question 11

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

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

Question 12

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

A) an arm of the Congress
B) an expert body providing a continuity to regulation that neither the courts or legislature could not do.
C) the reason that the railroad industry was in such poor condition prior to 1980
D) an agency with somewhat limited powers

Question 13

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

A) lobbying and fund raising for political parties
B) meeting with regulators and state agencies
C) 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 14

Transportation project planning is:

A) a public activity seeking increased trade and lower cost of living
B) best done by the private sector as they recognize return on investment
C) accomplished with little regard to financial return
D) not concerned with congestion

Question 15

What is the federal government's policy toward transportation?

A) very much a lazes-fair or hands off approach letting the market place control
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

Question 16

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

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 17

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

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

Question 18

While the motor carrier industry does not receive any direct government promotion,they still benefit from:

A) the oversight provided by the Federal Motor Carrier Safety Administration
B) the highway trust fund
C) research conducted by the National Highway Traffic Safety Administration
D) the fact that most highway projects are done with government funds.

Question 19

Some railroads have benefited from:

A) imposition of federal safety regulations relieving the carrier of this task
B) subsidies to operate abandoned rail liens the states and others continue to operate
C) the government operated research facility at Pueblo, Colorado
D) the new hours of service for truck drivers which reduced their productivity

Question 20

The benefits of a public planning project could be:

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 21

From a market place perspective which of the following is not a key functions of transportation?

A) Create time utility
B) Create place utility
C) Create demand
D) Link production and consumption

Question 22

What is the role of the executive branch in connection with establishment of transportation policy?

Question 23

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

Question 24

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

Question 25

The establishment of transportation policy and the development of transportation is complicated by the number of groups that are involved.Which groups are involved?

Question 26

Discuss the rationale and problems associate with assessing user charges against carriers.

Question 27

Describe the key provisions of the Interstate Commerce Commission Termination Act of 1995.

Question 28

What is statutory law based on?

Question 29

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

Question 30

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

Question 31

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?

Question 32

What law allowed collective rate making by the transportation carriers?

A) The Sheman anti-trust act of 1890
B) The Clayton Actt of 1914
C) The Reed-Bulwinke Act of 1948
D) The Robinson-Patman Act of 1936

Question 33

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.

Question 34

Why was the Department of Homeland Security established? Pick one of its component parts,name and define its role.

Question 35

What does common law rely upon?

Question 36

Which legal system is based upon the Roman legal system?

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

Question 37

What is the role of regualatory commissions? How do the courts compliment that role?

Question 38

Describe the key governmental agencies involved in transportation safety and the transportation area they deal with.

Question 39

What is the role of industry associations in connection with policy development?

Question 40

Describe the purpose of transportation policy.

Question 41

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

Question 42

What are the various forms of government benefit the domestic air carriers receive?