THE IMPACTS OF MARKET POWER AND EXCHANGE RATES ON PRICES OF EUROPEAN UNION SOYBEAN IMPORTS..
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This study examines whether the EU, the world's largest importer, exercises market power over soybean imports. Results, based on 1975-2000 data, suggest that the EU has practiced price discrimination against imports from Argentina and Brazil. The evidence for the practice of pricing-to-market based on exchange rate changes is mixed.