Keyword: US
No Chicken Feet! (1/3/2013)
Chicken feet, long considered a waste product in the US, have become a profit center for the high-volume low-profit US chicken industry in the China export market. But this export trade is not exempted from political whims.
Keywords: byproduct, chicken feet, China, comparative advantage, culture, export, fixed cost, inferior good, tariff, trade protection, US