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They export tens of billions of dollars in seafood every year, why does it matter where they're fishing if they're selling it worldwide?
by endianswap 1y ago
They export tens of billions of dollars in seafood every year, why does it matter where they're fishing if they're selling it worldwide?
- fennecbutt 1y agoWho makes the profit? Duh.
- savanaly 1y agoYou might be right, but it's certainly not a "duh". Consumer surplus exists in addition to producer surplus.
- JumpCrisscross 1y ago> why does it matter where they're fishing if they're selling it worldwide? Regulation. Chinese boats fish in ways we block our own boats from. Those exports thus represent a regulatory workaround, victim the oceans, and a tool with which buyers can demand reciprocal regulation.
- goku12 1y agoHow does the worldwide sales address the damage they cause to marine ecosystems? That too when many countries regulate their own fisheries industry to avoid the same issue? This is like strip mining public property or someone else's private property without any authorization. Essentially, China makes money at everybody's expense.