This paper focuses on estimating the effects of the real FDI-weighted exchange rate on realU.S. foreign direct investment (FDI) in the global processed food industry. We use a straightforwardproduction possibility framework as our theoretical basis to demonstrate the shift ofproduction between...

World food production reached a record high in 1986, exceeding 1985's record by about 1 percent, despite declining food output in Latin America, the United States, Western Europe, and Oceania. World food production generally increased faster than population from 1977 to 1986. Production of...

Intervention by governments in their foreign trade sectors fundamentally alters the character and composition of agricultural trade by making imports less responsive to international price changes than they otherwise would be. Intervention can also make world market prices change more frequently...