The objective of this study was to identify and investigate the
underlying basis for the increasing volume of U.S. imports of fishery
products from 1958-1969. It was recognized that many institutional
constraints contributed to the high marginal cost of domestic harvesting
which placed the United States at a comparative disadvantage...
The social and economic objectives of society in the United
States are many and varied. All objectives, in turn, cannot be
achieved simultaneously because of a finite resource base. The problem
of finding an optimum, in some sense, level of achievement for
the various objectives is complicated by lack of...