Globalization and Trade of Nuts

The video explores the global trade of nuts, focusing on peanuts, groundnuts, cashews, and Brazil nuts. It highlights the economic challenges faced by countries like Senegal, Mozambique, and Bolivia due to trade liberalization and international regulations. The video contrasts these with the success of the American peanut industry, which benefits from subsidies and protectionist policies.

What is the main theme of the film discussed in the introduction?

• Trade and economic networks

• Nutritional benefits of nuts

• Culinary uses of nuts

• The history of nuts

What was Senegal's main export crop after gaining independence?

• Cashew nuts

• Groundnuts

• Brazil nuts

• Peanuts

What economic strategy did Senegal implement with the help of the World Bank?

• Increase in public spending

• Focus on local consumption

• Economic reform program

• Nationalization of industries

What was the initial impact of the IMF's policy on Mozambique's cashew nut industry?

• Higher prices for farmers

• Stabilization of the local market

• Increased local factory production

• Decrease in foreign competition

What was a major consequence of the free market policy in Mozambique?

• Stable prices for cashew nuts

• Growth of local processing industry

• Dominance by two export companies

• Increased employment in factories

What challenge did Bolivia face due to EU health regulations?

• Competition from other countries

• Lack of processing facilities

• Higher aflatoxin levels in nuts

• Increased demand for Brazil nuts

What is a key feature of Brazil nut harvesting in Bolivia?

• Year-round harvesting

• Sustainable agriculture practices

• Clear cutting of rainforests

• Use of industrial machinery

What factor contributed to the success of the American peanut industry?

• Government subsidies

• High export tariffs

• Lack of competition

• Limited domestic demand

Who played a significant role in changing the perception of peanuts in the US?

• Thomas Jefferson

• Abraham Lincoln

• Benjamin Franklin

• George Washington Carver

What is a unique aspect of the American peanut market?

• Protection through tariffs

• High import rates

• Dependence on foreign markets

• Lack of government support