## Abstract In this paper, an incomplete financial market model was built to illustrate the impacts of the market incompleteness on the benefits of trade liberalization. Particularly, it will focus on the investigation of the impacts of different sequences of opening up the goods market. That is, s
Trade policies and the strategies of multinationals in the international grain market
β Scribed by Margherita Scoppola
- Publisher
- John Wiley and Sons
- Year
- 1993
- Tongue
- English
- Weight
- 863 KB
- Volume
- 9
- Category
- Article
- ISSN
- 0742-4477
No coin nor oath required. For personal study only.
β¦ Synopsis
Multinationals exercise market power in international grain trading activities and affect the volume and direction of trade flows. A high degree of integration i n the cereals and cereal substitutes sectors and diversification in other sectors allow companies to undertake a wide range of strategies, such as global strategic behaviour and transfer pricing, which influence the international grain trade and the effectiveness of trade policies. Such influences may be identified in a new framework of analysis, by taking into account different ways in which foreign direct investment occurs.
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