NS3 Test Bank: NS3-M1U1C2 - The U.S. Merchant Marine

Front

Used to mainly carry crude oil, what is the most common type of ship on the high seas?

Back

Tanker

Front

Sums of money granted by the government to assist an industry or business so that the price of a commodity or service may remain low or competitive.

Back

Subsidies

Front

A merchant ship equipped to load, transport, and discharge van-type boxes containing general cargo.

Back

Containership

Front

To which U.S. department does the Navy's Military Sealift Command report?

Back

Transportation

Front

Ships that can be transferred to Military Sealift Command (M.S.C.) to provide surge capability; they can be activated in four to twenty days

Back

Ready Reserve Force (RRF) ships

Front

What did the Jones Act of 1920 require?

Back

That all domestic cargoes shipped between U.S. ports be carried in U.S.-owned and operated vessels

Front

Why don’t U.S. shipbuilding facilities produce a large number of ships today?

Back

Because of higher U.S. labor and construction costs

Front

What area of the world accounts for over 70 percent of the shipbuilding market?

Back

Asia

Front

Why is it necessary to think of the world’s resources in terms of a worldwide economy?

Back

Because so much of the world is dependent on imported raw materials

Front

World-wide, what is the preferred method of moving large quantities of primary products and manufactured trade goods?

Back

By water