International commerce in processed foods is characterized by intra-industry trade, economies of scale, foreign direct investment, multinational enterprises, vertical integration, foreign production, and others. Thus, existing trade models of agricultural trade are not sufficient to explain international commerce in processed foods. This book sheds light on the different characteristics of the international commerce in processed foods, both theoretically and empirically.
International commerce in processed foods is characterized by intra-industry trade, economies of scale, foreign direct investment, multinational enterprises, vertical integration, foreign production, and others. Thus, existing trade models of agricultural trade are not sufficient to explain international commerce in processed foods. This book sheds light on the different characteristics of the international commerce in processed foods, both theoretically and empirically.