FOOD 2010 Lecture Notes - Lecture 1: North American Free Trade Agreement, Gross Domestic Product, Foodborne Illness

• School: University of Guelph
• Department: Food Science
• Course: FOOD 2010
• Professor: Massimo Marcon

Document Summary

Consumers can influence corporate ethics (cid:523)example: rejection of animal testing(cid:524) Producers and processors are primarily concerned with production aspects. All sectors of the production chain up to the consumer are involved in marketing and selling their products. The processing sector is concerned with producing value added products to sell as ingredient for other processors, or as finished products destined for the retail or food service markets. Sale of products is often mediated by distributors. Trade and consumer associations act as advocates for interests of particular sectors. )n many countries, the agricultural and food industries are large contributors to the gross domestic product, national tax revenues, and employment. Many industries (cid:523)not just food industries(cid:524) have looked towards foreign markets for sales and procurement of products and services in a trend commonly referred to as (cid:494)globalization(cid:495) Example of a global trading block is: north american free trade agreement (cid:523)nafta(cid:524) .