International Trade in Selected Processed Foods and Beverages (Beef, Beer, Economic, Marketing Theory, Distribution)
An analytical procedure for predicting international trade in processed foods and beverages was derived from the following seven theories: absolute and comparative advantage, factor endowment, scale economy, preference similarity, trade barriers and marketing channels. They were explained, their empirical findings discussed, and hypotheses of international trade patterns anticipated on the basis of each theory were stated for processed foods and beverages generally. The hypotheses were then specified for Belgium, Japan and the US, the three countries chosen for study. The trade directions were predicted and shown on matrices at the conclusions of each of two literature review chapters.
University of Illinois - Urbana-Champaign
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University of Illinois at Urbana-Champaign