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Essay / Research Paper Abstract
This 4 page paper considers different influences that may impact on the retail food industry, looking at issues such as the economy and international trade in the context of models such as mercantilism and Leontief's paradox. The bibliography cites 5 sources.
Page Count:
4 pages (~225 words per page)
File: TS14_TEinffood.rtf
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Unformatted sample text from the term paper:
one which is limited to local suppliers, many products, as well as ingredients products which are manufactured, come from other countries. Fresh and easy itself may be seen as able
to expand as a result of international trade policies facilitate the expansion of businesses. The parent company of Fresh and Easy is the UK dominant supermarket Tesco. They had a
great experience in the marketing and retailing of food, and saw the environment within the United States is one which was attractive. The environmental influences may be summarized by
considering the PEST model. Political infancies are seen in terms of international trade agreements, for example food will not be imported from Cuba, but the NAFTA which creates a free-trade
area means that there are significant imports into the US from Mexico; a country which has a comparative advantage when it comes to much food production due to the lower
wage and overhead costs, making it an attractive area for trading with (Nellis and Parker, 2000). Political aspects aligned with mercantilism and
may also be seen as impacting on the food industry. For example, the concept of mercantilism supposed concept of protectionist policies being undertaken by governments in order to support their
own economies. However, this could act against nations suffer as a result of these protectionist policies. For example, this may have an impact on the price of goods which
are paid. One example of this was seen with the trade dispute that the US had with the EU regarding preferential trade agreement with banana producers in the Windward Islands.
The case, which went to the World Trade Organisation resulted in the removal of the protection they received from the EU with favourable tariffs, which had to be eliminated by
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