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| Topic: |
Science
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| Number of pages / Number of words: |
9 / 2504 |
Essay's paper body
This use of stronger herbicides and pesticides in farming leads to a cleaner crop, with a lower cost of labor.
A 1998 study by Mike Duffy, an economist from Iowa State University shows that all in all the costs and benefits of using GE technologies in soy and corn production do not lead to any sort of significant difference in returns compared to traditional none GE seeds...
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The main reasons for farmers switching to genetically altered technologies is the lower amount of labor needed for production and the cleaner crop produced with an increase of herbicides.
Clearly the fact that Roundup Ready soy, the most highly used commercial GMO product, has lower yields than traditional soy products we can dismiss the main argument given by the biotech industry that they are trying to help end world hunger...
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General points of the essay
The Relativity Of Comparative Advantage Of Low Labor Cost And The Absoluteness Of Technological Advantagesthe Relativity Of Comparative Advantage Of Low Labor Cost And The Absoluteness Of Technological Advantages
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