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Why Do Indian Mangoes Cost So Much?
Amber waves, 2013-05, p.22
Copyright Superintendent of Documents May 2013 ;ISSN: 1545-8741 ;EISSN: 1545-875X
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Title:
Why Do Indian Mangoes Cost So Much?
Author:
Ferrier, Peyton
;
Landes, Maurice
Subjects:
Costs
;
Customs regulations
;
Developing countries
;
Fruits
;
International trade
;
LDCs
;
Prices
;
Producer prices
;
US imports
;
Vegetables
Is Part Of:
Amber waves, 2013-05, p.22
Description:
In the modem, global marketplace, distance and origin have become less of an obstacle to international trade in fruits and vegetables. Rising incomes and specific preferences for goods among immigrant populations have boosted demand for niche goods typically supplied by ethnic grocery stores and often selling at substantial premiums. Wholesale prices of Indian mangoes, for example, are five to six times higher in the US than prices of varieties from Mexico and Brazil. Many attribute the high prices of such products to the costs of meeting US health and food safety requirements for imports. Despite recent regulatory changes designed to ease access of US imports of certain specialty crops, concerns remain that regulatory and treatment costs inhibit growth of developing country exports. ERS analysis, however, finds that in the case of Indian mangoes, shipping and wholesale markups are in fact the biggest factor behind the high prices.
Publisher:
Washington: Superintendent of Documents
Language:
English
Identifier:
ISSN: 1545-8741
EISSN: 1545-875X
Source:
U.S. Government Documents
AgEcon
ProQuest Central
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