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- W1562988045 abstract "approved Richard S. Johnston The main objective of this thesis is to improve our understanding of the factors affecting international seafood trade. o approaches, a theoretical one and an applied one, have been taken to pursue two research directions under the common ob-iective. Chapter 1 is the introduction of this thesis. The role of 'exchange rates in the capital allocation of multinational corporations is examined in the second chapter. A general equilibrium framework is used to conduct a comparative static expe'iment. The analytical result indicates that a multinational corporation will allocate more of its limited capital to the foreign operations than the domestic operations, when its home country's currency is devalued. This finding adds a new dimension to the literature, in which different viewpoints on the issue have been expressed. Because multinational corporations are playing an increasingly important role in international trade, a better knowledge of the interaction between capital allocation and exchange rates would further our understanding of the changes in trade patterns and prices in seafood. Redacted for privacy Chapters 4 and 5 are empirical studies of demand for cod fillets and salmon products in the U.S. and Canada. These two studies differ from previous studies by including the international trade sector in the model specifications. As a result, different empirical results are obtained. It is concluded in the study of U.S. demand for cod fillets that U.S. fishermen are likely to benefit form U.S. extended fishery jurisdiction. In the study of demand for Canadian canned salmon, it is found that canned salmon appears to be a normal good rather than an inferior good as suggested in other studies. A model is also formulated to investigate the supply of and the demand for different salmon products in North America. The empirical results raise more questions than they answer and, thus, suggestions for future research are advanced. In the process of conducting the two demand studies, it was found that the presence of nonlinear relationships among some of the endogenous variables hinders the derivation of the reduced form results. The nature of the problem and the solutions to the problem are discussed in the third chapter. THE ROLE OF EXCHANGE RATES IN THE DECISION MAKING BY MULTINATIONAL CORPORATION AND ISSUES IN INTERNATIONAL SEAFOOD TRADE" @default.
- W1562988045 created "2016-06-24" @default.
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- W1562988045 date "1984-01-16" @default.
- W1562988045 modified "2023-09-27" @default.
- W1562988045 title "The role of exchange rates in the decision making by multinational corporation[s] and issues in international seafood trade" @default.
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