1.Describe the key Provisions of the interstate commerce commission termination act of 1995.

2.Explain how transportation helps determine the economic value of a product.

3.The growth in Global trade has been fueled by free trade agreements(FTA). Why does an FTA work? What American work areas are specifically cited as benefitting from expanding opportunities due to FTAs? What country does the United States have FTAs with?

4.What is the primary method of international transportation? What are some of the types of transport vehicles?

5.The theory of contestable markets is offered to identify the relevant market structure for the deregulated transportation environment. Explain the theory.

6.What is the purpose of the North American free trade agreement? How has it impacted trade Between the US, Canada, and New Mexico?

7.Distiguish between the terms "rate" and "price" as they relate to transportation.

8.Explain how consolidation and integration of the supply chain has impacted the economic environment.

9.Explain the difference between for-hire and private carriers.

10.Why are there so many motor carriers, particularly in the Truck load sector?