This book focuses on theoretical, methodological, and empirical issues arising from inconsistencies between neoclassical trade theory and actual international commerce in processed food and beverages. It explores some international implications of vertical markets in the processed food sector.
1. Introduction Part One: Global Markets in Concept and Practice 2. International Commerce in Processed Foods: Patterns and Curiosities 3. Trade and Industrial Policies Affecting Processed Foods 4. Is Strategic Trade Policy Practical? 5. Intra-industry Trade and Foreign Direct Investment in Processed Food as Alternatives to Trade Theory 6. Multinational Enterprises and Trade Theory 7. Foreign Direct Investment and Internalization in Processed Foods 8. International Firms in the Manufacture and Distribution of Processed Foods 9. Vertical Markets in International Trade 10. International Vertical Markets in Processed Foods 11. Theory and Practice in Perspective Part Two: Related Studies 12. Wine Quality and Price: A Hedonic Approach 13. Export Subsidy Switching Under the Uruguay Round Commitments: The Case of Wheat and Wheat Flour 14. Sources of Growth and Competitiveness of U.S. Food Processing 15. Looking in All the Right Places: Where Are the Economies of Scale? 16. Farm Output and Employment Links From Processed Food Exports: A Comparison of Brazil, Mexico, and the United States 17. Foreign Production by U.S. Food Processing Firms: A Transaction Cost Approach