Purpose – The purpose of this study was to investigate market power of soybeans exported by the United States to Korea. Particularly, this paper considered dichotomous characteristics of genetically modified (GM) soybeans and non-GM soybeans and conducted empirical analysis of these two...

"This book explores how market power competition between states can create disruptions in the global political economy and potentially lead to territorial aggression and war. When a state's firms have the ability to set prices in a key commodity market like oil or natural gas, state leaders can...