By Grant E. Isaac
Genetically converted (GM) agricultural vegetation that are authorized as secure in North the United States (Canada and the us) are dealing with major regulatory hurdles in having access to the eu Union. the advance and commercialization of GM vegetation illustrate a posh problem dealing with alternate international relations - the problem of regulatory regionalism created by means of social regulatory boundaries.
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Extra resources for Agricultural Biotechnology and Transatlantic Trade: Regulatory Barriers to GM Crops (Cabi Publishing)
Specifically, modern agricultural biotechnology has already been used to alter the function and characteristics of agricultural crops and considerable research is under way that is aimed at applying the techniques to more varieties of agricultural crops. Yet, while applications in other sectors have been readily accepted, agricultural biotechnology has been controversial. The objective of this chapter is to define what is meant by genetically modified (GM) agricultural crops, to describe both current and future applications and to assess the factors that have made the consumer acceptance of GM crops controversial.
Also, to ensure that GM crops grown for non-food uses are kept out of the food supply, bioengineered products would require an effective segregation and identity-preservation production system. Despite the potential of output-trait applications and bioengineered GM products, there are current limits to what agricultural biotechnology can achieve. For instance, it has been argued that ‘no scientists will be able to take a tomato, add 20 genes from a cow and 30 genes from wheat, and come up with a crop that has the nutritional qualities of beef and bread’ (Brill, 1988).
Comparative advantage is simply the principle that global welfare can be maximized by allocating factors of production to where they are most efficiently utilized and then trading products to meet consumer demand. A division of the factors of production is widely accepted as an organizing principle at the national level, and comparative advantage simply extends this notion to the international level (Malchup, 1979). According to the international economics literature, trade barriers hinder market access and distort comparative advantage.
Agricultural Biotechnology and Transatlantic Trade: Regulatory Barriers to GM Crops (Cabi Publishing) by Grant E. Isaac