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Possibly so. One would need further analysis on things like labor/capital required on any particulars. For example, how much raw cocoa is farmed in the US? I think almost none. Is this due to the labor supply curve? I'm not sure. My hunch is that, in the absence of any importation, capital could be applied to make some amount of suitable growing conditions... but that it might take quite a bit of capital. If that capital were invested, what would the labor supply curve look like to work in such facilities? I don't know.
Whereas most of the food products that are the subject of the current discussion already have proven growing capacity with acceptable capital expenditures, and we're mostly discussing the labor supply curve, much more in isolation. It is in that setting that I discussed the relative supply/demand curves and the use of the term "market rate". I admit that my example was perhaps not the most apropos, as anti-matter-powered light bulbs probably also require significant capex... and TBH, that's probably the real limiting factor there. I'm not sure there's really a way to just apply labor (at some higher price) with relatively-existing capital stock to get some supply of anti-matter-powered light bulbs.
Aside from Puerto Rico and Hawaii, I'm pretty sure the climate is unsuitable for cocoa. It appears there is commercial cocoa production in Hawaii and Puerto Rico (also the Virgin Islands and Guam), and also some basically hobby growing in South Florida. I was talking about crops which are grown in the US now, though. Get rid of migrant labor and cereal grains aren't going anywhere, but a lot of fruit might become too expensive to grow in the US.
Thus the need for significant application of capital. :)
Possibly so. There are obviously multiple interacting legal regime possibilities. The current administration seems(seemed?) keen on shutting down both imported labor and imported goods, with the simplest model being two binary variables. Shut down imported labor and keep imported fruit, perhaps there is no intersection of domestic supply/demand curves. Shut down imported labor and also imported fruit, maybe markets clear at a higher price, maybe quantity supplied still goes to zero and people just have less heterogeneity in their access to goods, maybe black fruit markets develop. Keep imported labor and also imported fruit is the status quo. Keep imported labor and shut down imported fruit, and the effects are probably again specific-dependent, but if it's a good that is already produced in reasonable quantity domestically, my guess would be minor increases in price and decreases in quantity supplied (goods that aren't produced in reasonable quantities domestically already may suffer a similar fate as above). Each of them has a corresponding MarketRateX for the labor involved, except possibly in cases where there is no intersection for domestic producers.
I take no position as to which of these cases are more/less desirable. Those questions get more complicated and require agreed-upon value functions to compute. For an example of the complications, see my comment here:
Some people may value domestic production very highly for its own sake, and they'd be willing to trade off access to a wider variety of goods. I'm not going to have some knock-down argument to say someone is wrong if they have such a value and are willing to prefer a world where cocoa simply is not accessible (at the moment, with the current set of ideas/technologies for how to use capital to produce cocoa in US climates) to a world where it is imported. I mostly care that everyone is clear about how the curves/terms work.
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