Week 7: 1st online reading material Flashcards
Gradual catch up and enduring leadership in the global wine industry (13 cards)
- What do the terms “Old World” and “New World” typically refer to in the context of the wine industry?
A) Differences in grape varieties used in winemaking
B) The distinction between traditional European wine producers and newer wine-producing countries
C) The difference between old wine production methods and modern techniques
D) The division between countries with regulated wine markets and those without
B) The distinction between traditional European wine producers and newer wine-producing countries
- Which agricultural sector has seen highly concentrated innovation activity, according to recent trends?
A) Dairy farming
B) Horticulture
C) Seed and machinery suppliers in the agriculture industry
D) Organic farming
C) Seed and machinery suppliers in the agriculture industry
- In the 1960s, which North African country had nearly 47% of the world’s wine exports?
A) Egypt
B) Tunisia
C) Algeria
D) Morocco
C) Algeria
- What explains the higher increase in unit value for French wine compared to Italian wine?
A) A decrease in export volume for French wine
B) An increase in both export volume and value for French wine
C) A decrease in export volume rather than an increase in export value for French wine
D) The introduction of new wine varieties in France
C) A decrease in export volume rather than an increase in export value for French wine
How has the growing importance of New World wine countries been demonstrated in recent years?
A) By higher export volumes than Old World countries
B) Through increased awards in international wine competitions
C) By the development of new grape varieties
D) Through governmental subsidies to wineries
B) Through increased awards in international wine competitions
Which organization planned to merge with the Australian Wine and Brandy Corporation (AWBC) in late 2014?
A) Grape and Wine Research and Development Corporation (GWRDC)
B) South African Wine Industry Council (SAWIC)
C) Wine Spectator
D) Constellation Brands
A) Grape and Wine Research and Development Corporation (GWRDC)
What prompted the creation of the South African Wine Industry Council (SAWIC)?
A) A reduction in wine production
B) The need for representation and industry strategic planning
C) The introduction of new wine marketing policies
D) A push for international recognition
B) The need for representation and industry strategic planning
What is one of the key drivers behind the surge in Italian wine exports in recent years?
A) The success of Prosecco sparkling wine
B) The development of new red wine varieties
C) A decrease in domestic wine consumption
D) Lower production costs
A) The success of Prosecco sparkling wine
Who designed the wine cellars for Ysios and Tondonia in the Northern Spanish region of La Rioja?
A) Santiago Calatrava and Zaha Hadid
B) Frank Gehry and Norman Foster
C) I. M. Pei and Jean Nouvel
D) Rem Koolhaas and David Chipperfield
A) Santiago Calatrava and Zaha Hadid
What recent change occurred in the Languedoc wine region after the 2008 European wine sector reform?
A) Introduction of new grape varieties
B) Adoption of the brand ‘Sud de France’ for greater recognition
C) Abandonment of the appellation-of-origin system
D) Increase in vineyard subsidies
B) Adoption of the brand ‘Sud de France’ for greater recognition
According to the 2008 European wine reform, what change was made to European wine labels?
A) A ban on indicating grape variety and year of harvest
B) Introduction of organic wine certification
C) Ability to report grape variety and harvest year on wines without Geographical Indication
D) New requirements for listing production region
C) Ability to report grape variety and harvest year on wines without Geographical Indication
What critical finding did the European Court of Auditors report about EU wine promotion measures?
A) They had no significant impact on wine exports
B) They led to a large increase in wine production
C) They had negative effects on the wine industry
D) They were highly successful in increasing wine consumption
C) They had negative effects on the wine industry
Who is a major shareholder in Yantai Changyu Pioneer Wine, according to the provided footnotes?
A) Constellation Brands
B) Ilva Saronno
C) LVMH
D) Treasury Wine Estates
B) Ilva Saronno
