From: <Saved by Microsoft Internet Explorer 5>
Subject: Do Humans Need GMOs? -- A View from a Global Trade Market
Date: Sun, 26 Mar 2006 10:49:16 +0200
MIME-Version: 1.0
Content-Type: multipart/related;
	type="text/html";
	boundary="----=_NextPart_000_0000_01C650C2.ED9FACE0"
X-MimeOLE: Produced By Microsoft MimeOLE V6.00.2900.2180

This is a multi-part message in MIME format.

------=_NextPart_000_0000_01C650C2.ED9FACE0
Content-Type: text/html;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
Content-Location: http://www.agbioworld.org/biotech-info/articles/biotech-art/need-GMOs.html

<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD><TITLE>Do Humans Need GMOs? -- A View from a Global Trade =
Market</TITLE><!-- #BeginTemplate "/Templates/articles.dwt" --><!-- =
#BeginEditable "doctitle" -->
<META=20
content=3D"As the population of the world continues to increase, it will =
be accompanied by an increase in the demand for food. Since the total =
acreage planted is no longer increasing, unless new production =
technology is adopted, such an increase in demand that is unmatched by =
an increase in supply in the world food market will raise food prices =
and lead to food shortages, especially in underdeveloped countries. "=20
name=3Ddescription>
<META content=3D"gmo, biotech,food, technology" name=3Dkeywords><!-- =
#EndEditable -->
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1"><LINK=20
href=3D"http://www.agbioworld.org/agbioworld.css" type=3Dtext/css =
rel=3Dstylesheet>
<STYLE type=3Dtext/css>@import url( ../../../agbioworldimport.css );
</STYLE>

<SCRIPT language=3DJavaScript type=3Dtext/JavaScript>
<!--
function MM_swapImgRestore() { //v3.0
  var i,x,a=3Ddocument.MM_sr; =
for(i=3D0;a&&i<a.length&&(x=3Da[i])&&x.oSrc;i++) x.src=3Dx.oSrc;
}

function MM_preloadImages() { //v3.0
  var d=3Ddocument; if(d.images){ if(!d.MM_p) d.MM_p=3Dnew Array();
    var i,j=3Dd.MM_p.length,a=3DMM_preloadImages.arguments; for(i=3D0; =
i<a.length; i++)
    if (a[i].indexOf("#")!=3D0){ d.MM_p[j]=3Dnew Image; =
d.MM_p[j++].src=3Da[i];}}
}

function MM_findObj(n, d) { //v4.01
  var p,i,x;  if(!d) d=3Ddocument; =
if((p=3Dn.indexOf("?"))>0&&parent.frames.length) {
    d=3Dparent.frames[n.substring(p+1)].document; n=3Dn.substring(0,p);}
  if(!(x=3Dd[n])&&d.all) x=3Dd.all[n]; for =
(i=3D0;!x&&i<d.forms.length;i++) x=3Dd.forms[i][n];
  for(i=3D0;!x&&d.layers&&i<d.layers.length;i++) =
x=3DMM_findObj(n,d.layers[i].document);
  if(!x && d.getElementById) x=3Dd.getElementById(n); return x;
}

function MM_swapImage() { //v3.0
  var i,j=3D0,x,a=3DMM_swapImage.arguments; document.MM_sr=3Dnew Array; =
for(i=3D0;i<(a.length-2);i+=3D3)
   if ((x=3DMM_findObj(a[i]))!=3Dnull){document.MM_sr[j++]=3Dx; =
if(!x.oSrc) x.oSrc=3Dx.src; x.src=3Da[i+2];}
}
//-->
</SCRIPT>

<META content=3D"MSHTML 6.00.2900.2802" name=3DGENERATOR></HEAD>
<BODY text=3D#3d3d3d vLink=3D#3d3d3d aLink=3D#3d3d3d link=3D#3d3d3d =
bgColor=3D#ffffff=20
leftMargin=3D0 topMargin=3D0=20
onload=3D"MM_preloadImages('../../../images/sub_nav_about_roll.gif','../.=
./../images/sub_nav_donations_roll.gif','../../../images/sub_nav_news_rol=
l.gif','../../../images/sub_nav_biotech_roll.gif','../../../images/sub_na=
v_bioinfo_roll.gif','../../../images/sub_nav_bioexperts_roll.gif','../../=
../images/sub_nav_contact_roll.gif','../../../images/sub_nav_links_roll.g=
if','../../../images/sub_nav_sitemap_roll.gif','../../../images/sub_nav_h=
ome_roll.gif')"=20
marginheight=3D"0" marginwidth=3D"0">
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D"100%" border=3D0>
  <TBODY>
  <TR>
    <TD vAlign=3Dtop><IMG height=3D3=20
      src=3D"http://www.agbioworld.org/images/spacer.gif"=20
width=3D1></TD></TR></TBODY></TABLE>
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D839 align=3Dcenter =
border=3D0>
  <TBODY>
  <TR>
    <TD vAlign=3Dtop rowSpan=3D2><A=20
      href=3D"http://www.agbioworld.org/index.html"><IMG height=3D107=20
      alt=3D"Home Page Link" =
src=3D"http://www.agbioworld.org/images/subimage.jpg"=20
      width=3D131 border=3D0></A></TD>
    <TD vAlign=3Dtop rowSpan=3D2><IMG height=3D1=20
      src=3D"http://www.agbioworld.org/images/spacer.gif" =
width=3D3></TD>
    <TD vAlign=3Dtop><A =
href=3D"http://www.agbioworld.org/index.html"><IMG=20
      height=3D79 alt=3D"AgBioWorld Home Page"=20
      src=3D"http://www.agbioworld.org/images/sublogo.gif" width=3D705=20
    border=3D0></A></TD></TR>
  <TR>
    <TD vAlign=3Dtop>
      <TABLE cellSpacing=3D0 cellPadding=3D0 width=3D705 border=3D0>
        <TBODY>
        <TR vAlign=3Dtop>
          <TD><A=20
            =
onmouseover=3D"MM_swapImage('about','','../../../images/sub_nav_about_rol=
l.gif',1)"=20
            onmouseout=3DMM_swapImgRestore()=20
            href=3D"http://www.agbioworld.org/about/index.html"><IMG =
height=3D28=20
            alt=3D"About AgBioWorld"=20
            src=3D"http://www.agbioworld.org/images/sub_nav_about.gif" =
width=3D52=20
            border=3D0 name=3Dabout></A></TD>
          <TD><A=20
            =
onmouseover=3D"MM_swapImage('donations','','../../../images/sub_nav_donat=
ions_roll.gif',1)"=20
            onmouseout=3DMM_swapImgRestore()=20
            href=3D"http://www.agbioworld.org/donations/index.html"><IMG =
height=3D28=20
            alt=3DDonations=20
            =
src=3D"http://www.agbioworld.org/images/sub_nav_donations.gif"=20
            width=3D69 border=3D0 name=3Ddonations></A></TD>
          <TD><A=20
            =
onmouseover=3D"MM_swapImage('news','','../../../images/sub_nav_news_roll.=
gif',1)"=20
            onmouseout=3DMM_swapImgRestore()=20
            href=3D"http://www.agbioworld.org/news/index.html"><IMG =
height=3D28=20
            alt=3D"Ag-Biotech News"=20
            src=3D"http://www.agbioworld.org/images/sub_nav_news.gif" =
width=3D44=20
            border=3D0 name=3Dnews></A></TD>
          <TD><A=20
            =
onmouseover=3D"MM_swapImage('biotech_declaration','','../../../images/sub=
_nav_biotech_roll.gif',1)"=20
            onmouseout=3DMM_swapImgRestore()=20
            =
href=3D"http://www.agbioworld.org/declaration/index.html"><IMG=20
            height=3D28 alt=3D"Declaration Supporting Agricultural =
Biotechnology"=20
            src=3D"http://www.agbioworld.org/images/sub_nav_biotech.gif" =
width=3D119=20
            border=3D0 name=3Dbiotech_declaration></A></TD>
          <TD><A=20
            =
onmouseover=3D"MM_swapImage('bioinfo','','../../../images/sub_nav_bioinfo=
_roll.gif',1)"=20
            onmouseout=3DMM_swapImgRestore()=20
            =
href=3D"http://www.agbioworld.org/biotech-info/index.html"><IMG=20
            height=3D28 alt=3D"Ag-biotech Info"=20
            src=3D"http://www.agbioworld.org/images/sub_nav_bioinfo.gif" =
width=3D96=20
            border=3D0 name=3Dbioinfo></A></TD>
          <TD><A=20
            =
onmouseover=3D"MM_swapImage('bioexperts','','../../../images/sub_nav_bioe=
xperts_roll.gif',1)"=20
            onmouseout=3DMM_swapImgRestore()=20
            href=3D"http://www.agbioworld.org/experts/index.html"><IMG =
height=3D28=20
            alt=3D"Experts on Agricultural Biotechnology"=20
            =
src=3D"http://www.agbioworld.org/images/sub_nav_bioexperts.gif"=20
            width=3D116 border=3D0 name=3Dbioexperts></A></TD>
          <TD><A=20
            =
onmouseover=3D"MM_swapImage('contact','','../../../images/sub_nav_contact=
_roll.gif',1)"=20
            onmouseout=3DMM_swapImgRestore()=20
            href=3D"http://www.agbioworld.org/contact/index.html"><IMG =
height=3D28=20
            alt=3DContact=20
            src=3D"http://www.agbioworld.org/images/sub_nav_contact.gif" =
width=3D54=20
            border=3D0 name=3Dcontact></A></TD>
          <TD><A=20
            =
onmouseover=3D"MM_swapImage('links','','../../../images/sub_nav_links_rol=
l.gif',1)"=20
            onmouseout=3DMM_swapImgRestore()=20
            href=3D"http://www.agbioworld.org/links/index.html"><IMG =
height=3D28=20
            alt=3DLinks =
src=3D"http://www.agbioworld.org/images/sub_nav_links.gif"=20
            width=3D40 border=3D0 name=3Dlinks></A></TD>
          <TD><A=20
            =
onmouseover=3D"MM_swapImage('sitemap','','../../../images/sub_nav_sitemap=
_roll.gif',1)"=20
            onmouseout=3DMM_swapImgRestore()=20
            =
href=3D"http://www.agbioworld.org/newsletter_wm/index.php?caseid=3Dhome">=
<IMG=20
            height=3D28 alt=3D"Subscribe to AgBioView"=20
            src=3D"http://www.agbioworld.org/images/sub_nav_sitemap.gif" =
width=3D61=20
            border=3D0 name=3Dsitemap></A></TD>
          <TD><A=20
            =
onmouseover=3D"MM_swapImage('home','','../../../images/sub_nav_home_roll.=
gif',1)"=20
            onmouseout=3DMM_swapImgRestore()=20
            href=3D"http://www.agbioworld.org/index.html"><IMG =
height=3D28=20
            alt=3D"Home Page"=20
            src=3D"http://www.agbioworld.org/images/sub_nav_home.gif" =
width=3D54=20
            border=3D0 =
name=3Dhome></A></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D839 align=3Dcenter =
border=3D0>
  <TBODY>
  <TR>
    <TD vAlign=3Dtop width=3D131><IMG height=3D10=20
      src=3D"http://www.agbioworld.org/images/spacer.gif" =
width=3D131></TD>
    <TD vAlign=3Dtop width=3D3><IMG height=3D1=20
      src=3D"http://www.agbioworld.org/images/spacer.gif" =
width=3D3></TD>
    <TD vAlign=3Dtop width=3D1><IMG height=3D1=20
      src=3D"http://www.agbioworld.org/images/spacer.gif" =
width=3D1></TD>
    <TD vAlign=3Dtop width=3D17><IMG height=3D1=20
      src=3D"http://www.agbioworld.org/images/spacer.gif" =
width=3D16></TD>
    <TD vAlign=3Dtop width=3D687><IMG height=3D1=20
      src=3D"http://www.agbioworld.org/images/spacer.gif" =
width=3D688></TD></TR>
  <TR>
    <TD vAlign=3Dtop width=3D131>
      <TABLE cellSpacing=3D0 cellPadding=3D1 width=3D"100%" border=3D0>
        <TBODY>
        <TR>
          <TD vAlign=3Dtop bgColor=3D#67a15d>
            <TABLE cellSpacing=3D0 cellPadding=3D2 width=3D"100%" =
border=3D0>
              <TBODY>
              <TR>
                <TD vAlign=3Dtop bgColor=3D#ffffff>
                  <P align=3Dcenter><A style=3D"TEXT-DECORATION: none"=20
                  =
href=3D"http://www.agbioworld.org/newsletter_wm/index.php?caseid=3Darchiv=
e"><B>AgBioView=20
                  Archives </B></A></P>
                  <P class=3Dminitext><A style=3D"TEXT-DECORATION: none" =

                  =
href=3D"http://www.agbioworld.org/newsletter_wm/index.php?caseid=3Darchiv=
e">A=20
                  daily collection of news and commentaries on=20
                  =
<BR>ag-biotech.</A></P></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABL=
E><BR>
      <TABLE cellSpacing=3D0 cellPadding=3D1 width=3D"100%" border=3D0>
        <TBODY>
        <TR>
          <TD vAlign=3Dtop bgColor=3D#67a15d>
            <TABLE cellSpacing=3D0 cellPadding=3D2 width=3D"100%" =
border=3D0>
              <TBODY>
              <TR>
                <TD vAlign=3Dtop bgColor=3D#ffffff>
                  <TABLE cellSpacing=3D0 cellPadding=3D0 border=3D0>
                    <TBODY>
                    <TR vAlign=3Dcenter>
                      <TD width=3D19><A=20
                        =
href=3D"http://www.agbioworld.org/newsletter_wm/index.php?caseid=3Darchiv=
e"><IMG=20
                        height=3D11 alt=3D"Subscribe AgBioView"=20
                        =
src=3D"http://www.agbioworld.org/images/navarrow.gif"=20
                        width=3D14 border=3D0></A></TD>
                      <TD width=3D104><A=20
                        =
href=3D"http://www.agbioworld.org/newsletter_wm/index.php?caseid=3Darchiv=
e"><B>Read=20
                        Archives=20
          =
</B></A></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></T=
BODY></TABLE><BR>
      <TABLE cellSpacing=3D0 cellPadding=3D1 width=3D"100%" border=3D0>
        <TBODY>
        <TR>
          <TD vAlign=3Dtop bgColor=3D#67a15d>
            <TABLE cellSpacing=3D0 cellPadding=3D2 width=3D"100%" =
border=3D0>
              <TBODY>
              <TR>
                <TD vAlign=3Dtop bgColor=3D#ffffff>
                  <TABLE cellSpacing=3D0 cellPadding=3D0 border=3D0>
                    <TBODY>
                    <TR vAlign=3Dcenter>
                      <TD width=3D19><A=20
                        =
href=3D"http://www.agbioworld.org/newsletter_wm/index.php?caseid=3Dhome">=
<IMG=20
                        height=3D11 alt=3D"Subscribe AgBioView"=20
                        =
src=3D"http://www.agbioworld.org/images/navarrow.gif"=20
                        width=3D14 border=3D0></A></TD>
                      <TD width=3D95><A=20
                        =
href=3D"http://www.agbioworld.org/newsletter_wm/index.php?caseid=3Dhome">=
<B>Subscribe</B></A></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE><=
/TD></TR></TBODY></TABLE><BR>
      <TABLE cellSpacing=3D0 cellPadding=3D1 width=3D"100%" border=3D0>
        <TBODY>
        <TR>
          <TD vAlign=3Dtop bgColor=3D#67a15d>
            <TABLE cellSpacing=3D0 cellPadding=3D2 width=3D"100%" =
border=3D0>
              <TBODY>
              <TR>
                <TD vAlign=3Dtop bgColor=3D#ffffff>
                  <TABLE cellSpacing=3D0 cellPadding=3D0 border=3D0>
                    <TBODY>
                    <TR vAlign=3Dcenter>
                      <TD width=3D19><A=20
                        =
href=3D"http://www.agbioworld.org/search/index.html"><IMG=20
                        height=3D11 alt=3D"Search AgBioWorld"=20
                        =
src=3D"http://www.agbioworld.org/images/navarrow.gif"=20
                        width=3D14 border=3D0></A></TD>
                      <TD width=3D99><A=20
                        =
href=3D"http://www.agbioworld.org/search/index.html"><B>Search=20
                        =
Site</B></A></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR=
></TBODY></TABLE>
      <P><A=20
      =
href=3D"http://www.agbioworld.org/biotech-info/articles/interviews/index.=
html"><B><FONT=20
      color=3D#006600>Prakash Interviews</FONT></B></A></P>
      <P><B><A=20
      =
href=3D"http://www.agbioworld.org/biotech-info/articles/agbio-articles/in=
dex.html"><FONT=20
      color=3D#006600>AgBioWorld Articles</FONT></A></B></P>
      <P><B><A=20
      =
href=3D"http://www.agbioworld.org/biotech-info/articles/biotech-art/index=
.html"><FONT=20
      color=3D#006600>Other Articles</FONT></A></B></P>
      <P><B><A=20
      =
href=3D"http://www.agbioworld.org/biotech-info/religion/index.html"><FONT=
=20
      color=3D#006600>Biotech and Religion</FONT></A></B></P>
      <P><B><A =
href=3D"http://www.agbioworld.org/experts/index.html"><FONT=20
      color=3D#006600>Media Contacts</FONT></A></B></P>
      <P><B><A =
href=3D"http://www.agbioworld.org/biotech-info/pr/index.html"><FONT=20
      color=3D#006600>Press Releases</FONT></A></B></P>
      <P><B><A=20
      =
href=3D"http://www.agbioworld.org/biotech-info/topics/index.html"><FONT=20
      color=3D#006600>Special Topics</FONT></A></B></P>
      <P><B><A=20
      =
href=3D"http://www.agbioworld.org/biotech-info/articles/spanish/index.htm=
l"><FONT=20
      color=3D#006600>Spanish Articles</FONT></A></B></P></TD>
    <TD vAlign=3Dtop width=3D3><IMG height=3D1=20
      src=3D"http://www.agbioworld.org/images/spacer.gif" =
width=3D3></TD>
    <TD vAlign=3Dtop width=3D1 bgColor=3D#67a15d><IMG height=3D1=20
      src=3D"http://www.agbioworld.org/images/spacer.gif" =
width=3D1></TD>
    <TD vAlign=3Dtop width=3D17><IMG height=3D1=20
      src=3D"http://www.agbioworld.org/images/spacer.gif" =
width=3D16></TD>
    <TD vAlign=3Dtop width=3D687><!-- #BeginEditable "MAIN-TEXT" -->
      <H2 class=3Dheader>Do Humans Need GMOs? -- A View from a Global =
Trade=20
      Market</H2>
      <P><B>Journal of American Academy of Business, Cambridge, Vol. 8 =
(1), 147=20
      <BR>By Chi-Chung Chen and Wei-Chun Tseng (National Chung-Hsing =
University,=20
      Taichung, Taiwan) </B></P>
      <P><B>Abstract: </B>As the population of the world continues to =
increase,=20
      it will be accompanied by an increase in the demand for food. =
Since the=20
      total acreage planted is no longer increasing, unless new =
production=20
      technology is adopted, such an increase in demand that is =
unmatched by an=20
      increase in supply in the world food market will raise food prices =
and=20
      lead to food shortages, especially in underdeveloped countries. =
</P>
      <P>In this study, a spatial equilibrium (SE) model is applied to =
create a=20
      world trade model. The products simulated in this study are corn =
and=20
      soybeans since they are the major food grains and also the most =
widely=20
      adopted GMO products in the world. The empirical results reveal =
evidence=20
      of the adoption of GMO production technology increase the quantity =
traded=20
      and lessen the upward pressure on food prices, although it is the =
major=20
      trading countries that obtain most of the benefit. </P>
      <P>Introduction: Malthus predicted that the population would grow =
at a=20
      faster rate than the food supply. His prediction, however, did not =
prove=20
      true. Thanks to the green revolution in agriculture, the =
production of=20
      food per capita on average rose by nearly 0.5 percent per year =
from 1961=20
      to 1999 and this caused the real prices of agricultural food =
ingredients=20
      to fall by nearly 2 percent per year over that same period. </P>
      <P>However, recent statistics show that the acreage planted on a =
global=20
      basis is no longer increasing due to development and climate =
change. If no=20
      new production technologies are developed and adopted, the food =
supply=20
      curve will no longer shift. Furthermore, as the world's population =

      continues to grow, this will cause the demand for food to =
increase. Such=20
      an increase in demand that is not matched by a corresponding =
increase in=20
      supply in the market for food will lead to an increase in world =
food=20
      prices.</P>
      <P>The purpose of this paper is to answer the question: "Do humans =
need=20
      genetically modified organisms (GMOs)?" To this end, a spatial =
equilibrium=20
      (SE) model is adopted to create a world trade model. The products =
to be=20
      simulated are corn and soybeans since they are the GMOs that have =
been=20
      most widely adopted in the world. section 2 of this paper reviews =
the=20
      demand for and supply of food from a global market perspective, =
while=20
      section 3 seeks to interpret the international trade theory. The =
world=20
      trade model for com and soybeans is presented in section 4. The =
simulation=20
      results both with and without the adoption ofN GMO corn and =
soybeans=20
      production technology are displayed in section 5. The final =
section=20
      concludes.</P>
      <P><B>Current Status and Debates on Transgenic Crops</B></P>
      <P>The benefits to be derived from adopting GMO technology in =
agricultural=20
      production include the following: high-yield and quality, savings =
in=20
      spraying costs, a reduction in labor, and reduced environmental =
impacts=20
      (Sparling, et al., 1999). For example, Just and Hueth (1993) show =
that=20
      nonchemical companies tend to develop biotechnology substitutes =
for=20
      chemicals, which benefit the environment. Qaim (1999) illustrates =
the=20
      increased production and cost savings in relation to =
disease-resistant=20
      potatoes in the MeNxican potato sector, and Falck-Zepeda, et al. =
(2000)=20
      show the high surpluses resulting from Bt cotton and =
herbicide-tolerant=20
      soybeans. To sum up, GMO technology increases production, reduces =
costs=20
      and lowers prices.</P>
      <P>GMO technology benefits many crops. Figures provided by the=20
      International Service for the Acquisition of Agri-biotech =
Applications=20
      (ISAAA) depict the shares of the four principal GM crops. At the =
global=20
      level, in 2003, GM soybeans occupied 41.4 million hectares (61% of =
the=20
      global GM area), GM corn was planted on 15.5 million hectares (23% =
of the=20
      global GM area), transgenic cotton was grown on 7.2 million =
hectares (11%=20
      of the global GM area), and GM canola occupied 3.6 million =
hectares (5% of=20
      the global GM Narea) (James, 2003).</P>
      <P>Health risks, on the other hand, are the most widely-disputed =
area in=20
      the current GMO controversy. GMO opponents worry that different =
protein=20
      levels in GMO products may have prolonged impacts on health =
(Sparling, et=20
      al., 1999). Thus studies of consumers' risk perceptions, =
information, and=20
      decisions regarding buying GMO products are increasing in the =
literature=20
      (Sheehy, et al., 1998; Wohl, 1998). The needs of some consumers =
for=20
      GMO-free products leads to non-GMO labeling issues (Caswell, 2000; =

      Paarlberg, 20N02).</P>
      <P>People in EU countries are more concerned about the health =
risks=20
      associated with GMOs. These differences between the risk =
perceptions of=20
      consumers in the EU and those in the U.S. and Japan lead to =
disagreements=20
      in relation to the trading of GMO products. This in turn might =
lead to=20
      different attitudes in terms of how countries handle their =
nontariff=20
      barriers as reflected, for example, in the Sanitary and =
Phytosanitary=20
      (SPS) Agreement of the World Trade Organization (WTO). This =
phenomenon=20
      even threatens the Nintegrity of the World Trade Organization =
(Ames,=20
      2000). The new EU regulation calling for strict labeling and =
tractability=20
      on all GM products will further discourage the planting of GM =
crops in=20
      poor countries (Paarlberg, 2002).</P>
      <P>Nevertheless, the share of transgenic crops is already large =
and is=20
      still growing fast. According to the ISAAA report, in 2003, the =
estimated=20
      global area for GM crops in 2003 was 67.7 million hectares, =
representing a=20
      15% increase over the previous year, and a 40-fold increase since =
1996.=20
      Six countries, namely, the U.S., Argentina, Canada, Brazil, China =
and=20
      South Africa accounted for 99% of the global transgenic crop area. =
Close=20
      to one-third (30%) of this global transgenic crop area was located =
in=20
      developinNg countries. The global market value of GM crops is =
estimated to=20
      be between $4.50 and $4.75 billion (James, 2003).</P>
      <P>Research and development plays an important role in the GMO =
industry.=20
      Falck-Zepeda, et. al. (2000b) show that the gene developer of the =
Bt=20
      cotton, Monsanto, accounted for 21% of the world surplus of Bt =
cotton. To=20
      motivate firms to engage in R&amp;D, patents have become =
particularly=20
      important (Foltz, et. al., 2000).</P>
      <P><B>Demand and Supply in the Global Market</B></P>
      <P>As stated earlier, Malthus's theory that the growth of =
population will=20
      be more rapid than that of the food supply has been disproved by =
data for=20
      the last 50 years. As shown in Figure 1, the global food =
production growth=20
      rate exceeded the global population growth rate from 1961 to 2000. =
There=20
      are basically two reasons why the supply of food has exceeded the =
demand=20
      for it. The first is that the major crop production technology has =

      improved over the last fifty years and, therefore, the crop yield =
per acre=20
      hasN increased. Such increases in crop yields have been due to the =
green=20
      revolution. The second is that the acreage under cultivation has=20
      increased. Figure 2 shows that, on a global basis, the acreage =
planted=20
      increased from 1961 to 1995 and then declined slightly after =
1995.</P>
      <P>According to U.N. statistics and forecasts, the population of =
the world=20
      in 2000 was around 6.18 billion, but is expected to become 8.15 =
billion in=20
      2025 (representing a 31.84% increase in just 25 years). Such =
population=20
      growth will of course result in an increase in the demand for =
food.=20
      However, the global acreage under cultivation is no longer =
increasing=20
      because of global climate change or for environmental reasons, and =
so the=20
      only way to increase the food supply is to increase crop yields. =
Since=20
      large quaNntities of pesticides and fertilizers have been applied =
on farm=20
      fields, high crop yields have resulted, but the chemicals have =
also=20
      negatively impacted the environment by, for instance, polluting =
the=20
      groundwater. It is therefore inappropriate to extensively apply =
these=20
      chemical inputs to the crop production process. GMO production =
technology=20
      may therefore be one way of increasing crop yields and food =
supply. In=20
      such circumstances, food prices will not need to be raised.</P>
      <P>In terms of the recent developments in the use of GMOs, the =
confidence=20
      of consumers has still not caught up with the advances in =
production=20
      technology. The protests voiced against the adoption of GMO =
production=20
      technology are centered around two separate issues: human health =
and the=20
      environmental impact. Many developed countries, such as those of =
Europe=20
      and Japan, have strict regulations with regard to GMO products as =
well as=20
      certain other products involving related processes, since =
uncertainty in=20
      relationN to human health exists once people consume GMO products. =
The=20
      other reason is that the production of GMOs may affect the =
environment by,=20
      for instance, damaging the ecological system. However, such issues =
may be=20
      ignored by developing countries from the standpoint of food =
security. The=20
      ratio of expenditure on food to GNP in most developing or =
under-developed=20
      countries is at least fifty percent. If the food price is =
increased by=20
      10%, it may result in a food crisis in such countries. However, =
such=20
      increases maNy not have much of an impact on developed countries =
since the=20
      ratio of their expenditure on food to their GNP is much smaller =
(below=20
      2%). This is why the regulations and the extent to which the =
consumers=20
      accept them differ between the developed and developing =
countries.</P>
      <P><B>Theoretical Graphics</B></P>
      <P>In Neoclassical trade theory, the excess demand and supply =
functions=20
      are derived from the domestic demand and supply functions so that =
they can=20
      be linked with the world market. When a shock either in relation =
to=20
      domestic demand or supply occurs, for instance when the GMO =
production=20
      technology is adopted, the supply curve will then shift to the =
right and a=20
      new equilibrium will be reached. Let us suppose that D^sub x^ and =
S^sub=20
      x0^ are the domestic demand and supply curves for an exporting =
country,=20
      while Dm Nand Sn, are the domestic demand and supply curves for an =

      importing country, as shown in Figure 3. Excess demand and supply =
curves=20
      in the world market may then be derived from the demand and supply =
curves=20
      in the exporting and importing countries. When there is no =
government=20
      intervention and a perfectly competitive market is assumed, the=20
      equilibrium price will be P^sub w0^ while the volume of trade will =
be=20
      OT^sub 0^. If there is a supply shock in the exporting country, =
for=20
      instance when a new production technology is adopted, the supply =
curve=20
      will shift to S^sub x1^, which will give rise to a new excess =
supply curve=20
      ES^sub 1^. Therefore, the world price will fall to P^sub w1^ and =
the=20
      volume of trade will increase to OT^sub 1^. The gains in welfare =
as a=20
      result of the trade surplus both for the exporter and the importer =
are=20
      represented by the areas A and B, respectively. This implies that =
a=20
      trading country may benefit from trade even though the new =
production=20
      technology may be adopted in a foreign country.</P>
      <P>On the other hand, the demand for food will increase over the =
next 20=20
      years due to population growth, and, therefore, the world prices =
will=20
      increase if the supply does not change. However, as mentioned =
before, the=20
      adoption of new production technologies involving GMO products =
could=20
      alleviate such pressure on prices.</P>
      <P><B>Spatial Equilibrium Model and Validation</B></P>
      <P>The first term of the objective function is the area under the =
demand=20
      curve minus the area under the supply curve, which represents the =
social=20
      welfare for trading country i, while the second term relates to =
the=20
      transportation cost. The objective function is defined as a =
"quasi-welfare=20
      function" (Takayama and Judge). The first constraint shows that =
the total=20
      demand in importing country i cannot exceed the supply that is =
imported,=20
      which indicates that the demand and supply balance. Similarly, the =
second=20
      constraint shows that exporting country i cannot export more than =
it is=20
      able to supply. According to the first-order condition (or the =
Kuhn-Tucker=20
      condition), the import price will be the export price plus the=20
      transportation cost if trading activity takes place. Such an =
equilibrium=20
      implies that thNe market is perfectly competitive and that prices =
are=20
      endogenous variables.</P>
      <P>The base year data used in the model are 1995 data. The reason =
why data=20
      for the year 1995 are applied here is that not a great quantity of =
GMO=20
      corn and soybeans were cultivated at that time. Therefore, the =
solution to=20
      the base year could represent the economic situation before the =
adoption=20
      of GMO production technology. When the GMO production technology =
is=20
      adopted, it will lead to a shift in the supply curve and the =
impact can be=20
      determined by simulating the model. To reduce the number of =
demand,=20
      supply, and trade variables in the empirical model, the trading =
countries=20
      shown in Appendix A are aggregated into regions. However, some of =
the=20
      major exporting and importing countries, such as the U.S., =
Argentina,=20
      Japan, and the EU-12 are not aggregated because of their larger =
market=20
      shares. The quantities and prices in relation to the production =
and=20
      consumption of each trading country are obtained from the FAO, =
USDA, the=20
      American Corn Grower Association (ACGA), and the International =
Service for=20
      the Acquisition of Agri-botech Applications. Population statistics =
are=20
      obtained from the United Nations, while the transportation costs =
are=20
      derived from Muller. Before simulating the adoption of GMO =
production=20
      technology in relation to corn and soybeans, the model has first =
to be=20
      evaluated. Tables 1 and 2 present the observed data and the =
solutions to=20
      the model in regard to both the quantities demanded and supplied. =
The=20
      deviations between the solutions and the observed data are also=20
      calculated. Table 1 shows that the deviatiNons for the four corn =
exporting=20
      regions in terms of the quantities both demanded and supplied are =
below=20
      6%. A similar situation also occurs with regard to the importers. =
The=20
      total deviations for both the exporters and importers in relation =
to corn=20
      as shown in Table 1 are below 1%. Similarly, the total deviations =
in=20
      relation to soybeans in Table 2 are below 5%. Such small =
deviations=20
      indicate that the model passes the evaluation.</P>
      <P><B>Simulation Results</B></P>
      <P>Four scenarios are simulated here. The first scenario is =
referred to as=20
      BASE and indicates that the GMO production technology is not =
adopted,=20
      while the second scenario (TECH) represents the adoption of the =
GMO=20
      production technology in the exporting countries. The third =
scenario=20
      (POPUL2025) represents the shift in the demand curve due to the =
growth in=20
      population. The fourth scenario (TECH2025) refers to the adoption =
of the=20
      GMO production technology in the year 2025. The definition of each =

      scenario is summarized as follows:</P>
      <P>BASE: base.</P>
      <P>TECH: adoption of the GMO production technology.</P>
      <P>POPU2025: shift in demand due to the growth in the =
population.</P>
      <P>TECH2025: shift in demand with the adoption of the GMO =
production=20
      technology.</P>
      <P>When the GMO production technologies in relation to corn and =
soybeans=20
      are adopted, either the crop yield or the costs of production will =
change.=20
      The magnitude of the GMO production technology is obtained from =
Tweeten.=20
      As corn production is adopted by the GMO production technology (Bt =
com),=20
      it will result in a 3.2% increase in the corn yield. If the =
soybean=20
      production is adopted by the GMO production technology (GR =
Soybeans),=20
      production costs will decline by $3.2 per hectare.</P>
      <P>The economic impacts arising from the adoption of GMO =
production=20
      technology on the respective markets for corn are listed in Table =
3. Table=20
      3 shows that if all exporting countries adopt the GMO production=20
      technology in relation to corn, then production, consumption, =
trade, and=20
      the value of welfare will all increase. The increase in the =
percentage for=20
      each trading region represents the increase in the proportion of =
its=20
      marketing share. For instance, the U.S. accounts for 83% of the =
marketing=20
      share in the inNternational corn trade market and will thus get =
the=20
      benefit of 81% of the overall increase in welfare as a result of =
the=20
      adoption of GMO production technology in relation to corn. Such =
results=20
      imply that larger trading countries will reap the most benefits =
from the=20
      adoption of a new production technology in an open market =
system.</P>
      <P>Table 3 also shows that the percentage increases in the =
quantities=20
      produced and consumed in relation to these four exporting =
countries lie=20
      between 2.17% and 0.55%, while the percentage changes in welfare =
range=20
      from around 0.09% to 0.14%. However, the percentage change in the =
quantity=20
      traded varies and ranges from 3.26% to 44.79%. The overall impacts =
on the=20
      quantity traded and on welfare due to the GMO production =
technology in=20
      relation to corn are 5.53% and 0.12%, respectively. Similarly, =
importing=20
      countrieNs also benefit from a lower import price as the corn =
production=20
      is affected by the adoption of GMO production technology. =
Generally=20
      speaking, major importing counties will experience a 0.54% =
increase in=20
      consumption while their welfare increases from 0.10% to 0.15%. =
However,=20
      production in the importing regions will be reduced and the =
reduction in=20
      percentage terms in the major importing countries will range from =
around=20
      0.85% to 0.93%.</P>
      <P>The economic impacts as a result of the adoption of GMO =
production=20
      technology in relation to soybeans are presented in Table 4. The =
results=20
      in Table 4 are similar to those in Table 3 but the scale of the =
impacts in=20
      Table 4 is greater than that in Table 3. The overall impact of the =

      adoption of GMO production technology in relation to soybeans will =
result=20
      in a 2.22% increase in the quantity traded, and 0.40% and 0.31% =
increases=20
      in the welfare of exporters and importers, respectively.</P>
      <P><B>The GMO Technology Can Lesson the Upward Pressure on Food=20
      Prices</B></P>
      <P>From the above discussion we can learn that the food supply =
will not=20
      change if the acreage cultivated as well as the crop yields remain =
the=20
      same. However, the food demand curve for the world as a whole will =
shift=20
      to the right if the population continues to grow. According to =
U.N.=20
      forecasts, the world population in 2025 will be 1.31 times that =
for the=20
      year 2000 (see Appendix B). Without income effects and without any =
change=20
      in the per capita demand for food, the demand for food in the =
world=20
      according to the Popu2025 scenario will result in the Base year =
demand=20
      being increased by 31%. Therefore, the simulation results based on =
the=20
      Popu2025 scenario indicate that the world export and import prices =
for=20
      corn in the year 2025 will increase by about 320.6% and 277.1%,=20
      respectively (Table 5), due to the small demand elasticity. =
Similarly, the=20
      world export and import prices for soybeans will rise by about =
37.5% and=20
      35.5%, respectively (see Table 5). However, if GMO production =
technology=20
      is adopted for both corn and soybeans, the export prices for corn =
and=20
      soybeans will decline by 12.6% and 4.4%, respectively, while the =
import=20
      prices will fall by 12.1% and 4.2%, respectively. These results =
indicate=20
      that if the GMO production technology is adopted, it may serve to =
reduce=20
      the pressure on increases in food prices in the future.</P>
      <P><B>CONCLUDING REMARKS</B></P>
      <P>In response to the question: "Do humans need GMOs?", the =
results of our=20
      simulation indicate that they do. The adoption of GMO production=20
      technology in relation to corn and soybeans could increase the =
quantity=20
      traded and reduce the upward pressure on food prices, although the =
major=20
      trading countries would stand to benefit the most from adopting a =
GMO=20
      production technology. There are some limitations to this =
research. The=20
      first is to assume that all exporting countries fully adopt (i.e. =
adopt=20
      100%) the GMO production technology, while the importing =
countrieNs do not=20
      adopt such technology. If the importing countries were also to =
adopt the=20
      GMO production technology, the scale of the impact would be larger =
than=20
      that suggested by the above simulation results. The second =
restriction=20
      relates to the percentage change in the crop yield or the crop =
production=20
      cost when the GMO production technology is adopted. A 3.2% =
increase in the=20
      corn yield and a $3.2 per hectare reduction in the production cost =
of=20
      soybeans may underestimate what would happen in the future if the =
GMO=20
      production technology were to be promoted. Therefore, the above =
simulation=20
      results are underestimated. Finally, the external effects of =
adopting GMOs=20
      are not considered in this study. This will surely become a very =
important=20
      GMO-related research topic in the near future.</P>
      <P>Table 1. Validating Corn Production in an SE Model</P>
      <P>Table 2. Validating Soybean Production in an SE Model</P>
      <P>Table 3 Economic Impacts of the Full Adoption of GMOs on Corn =
Markets=20
      in the Current Period</P>
      <P>Table 4 Economie Impacts of the Full Adoption of GMOs on =
Soybean=20
      Markets in the Current Period</P>
      <P>Table 5 World Prices by Alternative Scenarios</P>
      <P>Figure I. Global Population, Food Production, and Food =
Production Per=20
      Capita, 1961-1999</P>
      <P>Figure 3. The Economic Impacts on Trading Markets of the =
Adoption of=20
      GMO Production Technology</P>
      <P><B>REFERENCES</B></P>
      <P>American Corn Growers Association, 2001. Genetically Modified =
Crops:=20
      Questions &amp; Answers. On web site: www.acga.org.</P>
      <P>Ames, GC.W., 2000. Bananas, Beef, and Biotechnology: Three =
Contentious=20
      U.S.-E.U. Trade Disputes. Review of Agricultural Economics =
23,214-222.</P>
      <P>Bonny, S., 2000. General Public Concern Over GMOs in Europe.=20
      Explanatory Factors Motivating the Rejection Movement: The French =
case.=20
      Paper presented at the 4th International Conference on the =
Economics of=20
      Agricultural Biotechnology organized by the International =
Consortium on=20
      Agricultural Biotechnology Research (ICABR), Ravello, Italy.</P>
      <P>Bullock, O.S. and M. Desquilbet, 2000. Economic Effects of GMO =
Adoption=20
      in the Presence of a Demand for Identity-preserved Non-GMO =
products. Paper=20
      presented at the 4th International Conference on the Economics of=20
      Agricultural Biotechnology organized by the International =
Consortium on=20
      Agricultural Biotechnology Research (ICABR), Ravello, Italy.</P>
      <P>Caswell, J.A., 2000. An Evaluation of Risk Analysis as Applied =
to=20
      Agricultural Biotechnology (With a case Study of GMO Labeling).=20
      Agribusiness 16, 115-123.</P>
      <P>Chen, C., B.A. McCarl, and C. Chang, 2001. Spatial Equilibrium =
Modeling=20
      with Imperfectly Competitive Markets: An Application to the Rice =
Trade.=20
      Department of Agricultural Economics, Texas A&amp;M University, =
College=20
      Station, Texas.</P>
      <P>Chern, W.S., 2000. Supply Response and Consumer Acceptance of =
GMOs:=20
      Implications for Agricultural Trade. Papers of the International =
Symposium=20
      on the New WTO Round of Agricultural Negotiations.</P>
      <P>Clark, E. Ann, 2000. The Reasons Why Farmers Should Think Twice =
Before=20
      Growing GE Crops. University of Guelph, Ontario, Canada.</P>
      <P>Demont, M. and E. Tollens, 2000. Welfare Effects of =
Agricultural=20
      Biotechnology in he European Union - Topic: Impact of Agricultural =

      Biotechnology. Paper presented at the 4th International Conference =
on the=20
      Economics of Agricultural Biotechnology organized by the =
International=20
      Consortium on Agricultural Biotechnology Research (ICABR), =
Ravello,=20
      Italy.</P>
      <P>Elbehri, A., T. Hertel and W. Lin, 2000. Regulations and Market =

      Segregation of Biotech Crops: Implications for Global Agricultural =
Trade.=20
      Paper presented at the 4th International Conference on the =
Economics of=20
      Agricultural Biotechnology organized by the International =
Consortium on=20
      Agricultural Biotechnology Research (ICABR), Ravello, Italy.</P>
      <P>Ervin, D. E., S. S. Batie and R. Welsh, 2000. Public Research =
for=20
      Biosafety Regulation of Transgenic Crops. Paper presented at the =
4th=20
      International Conference on the Economics of Agricultural =
Biotechnology=20
      organized by the International Consortium on Agricultural =
Biotechnology=20
      Research (ICABR), Ravello, Italy.</P>
      <P>Falck-Zepeda, J. B., G Traxler and R.G Nelson, 2000. Recent =
Creation=20
      and Distribution from Biotechnology Innovations: The case of Bt =
Cotton and=20
      Herbicide- Tolerant Soybeans. Agribusiness 16, 21-32.</P>
      <P>Falck-Zepeda, J.B., G Traxler and R.G Nelson, 200Ob. Surplus=20
      Distribution from the Introduction of a Biotechnology Innovation. =
American=20
      Journal of Agricultural Economics 82, 360-369.</P>
      <P>Foltz, Jeremy, B. Barham, and K. Kirn, 2000. Universities and=20
      Agricultural Biotechnology Patent Production. Agribusiness =
16,82-95.</P>
      <P>Food and Agricultural Organization (FAO), 1995-2000. Data =
Base.</P>
      <P>Frisvold, G, J. Sullivan, and A. Raneses, 1999. Who Gains from =
Genetic=20
      Improvement in U.S. Crops? Agbioforum 2 (3,4).</P>
      <P>Fulponi, L., 2000. Agricultural Biotechnology: Why Would =
Producers=20
      Adopt Biotech Varieties. Paper presented at the 4th International=20
      Conference on the Economics of Agricultural Biotechnology =
organized by the=20
      International Consortium on Agricultural Biotechnology Research =
(ICABR),=20
      Ravello, Italy.</P>
      <P>Graham, T.L., 2000. Genetically Modified Organisms: Promise, =
Processes=20
      and Benefit/Risk Analysis. Papers of the International Symposium =
on the=20
      New WTO Round of Agricultural Negotiations.</P>
      <P>Heumueller, D. and T. Joslin, 2000. Trade Restrictions for =
Genetically=20
      Engineered Foods under the TBT Agreement. Paper presented at the =
4th=20
      International Conference on the Economics of Agricultural =
Biotechnology=20
      organized by the International Consortium on Agricultural =
Biotechnology=20
      Research (ICABR), Ravello, Italy.</P>
      <P>Huffman, W.E., J.F. Shogren, A. Tegene, and M. Rousu, 2000. The =
Value=20
      to Consumers of GM Food Labels in a Market with Asymmetric =
Information:=20
      Evidence from Experimental Auctions. Paper presented at the 4th=20
      International Conference on the Economics of Agricultural =
Biotechnology=20
      organized by the International Consortium on Agricultural =
Biotechnology=20
      Research (ICABR), Ravello, Italy.</P>
      <P>James, Sallie and Michael Burton, 2000. Consumer Acceptance of =
GM Food:=20
      Implications for Trade. Paper presented at the 4th International=20
      Conference on the Economics of Agricultural Biotechnology =
organized by the=20
      International Consortium on Agricultural Biotechnology Research =
(ICABR),=20
      Ravello, Italy.</P>
      <P>James, C., 1998. Global Status of Transgenic Crops in 1997.=20
      International Service for the Acquisition of Agri-biotech=20
Applications.</P>
      <P>James, C., 2003. Global Status of Commercialized Transgenic =
Crops in=20
      2003. International Service for the Acquisition of Agri-biotech=20
      Applications,</P>
      <P>Just, R. E., and D. L. Hueth, 1993. Multimarket Exploitation: =
The case=20
      of Biotechnology and Chemicals. American Journal of Agricultural =
Economics=20
      75, 936-945.</P>
      <P>Larry, S. K. and A. F. McCaIIa, 1983. Dynamic Games and =
International=20
      Trade: An Application to the World Com Market. American Journal of =

      Agricultural Economics 65, 647-650.</P>
      <P>Lence, S. and H. Dermot, 2000. Biotechnology and International =
Trade:=20
      Implications for Producer and Consumer Welfare. Paper presented at =
the 4th=20
      International Conference on the Economics of Agricultural =
Biotechnology=20
      organized by the International Consortium on Agricultural =
Biotechnology=20
      Research (ICABR), Ravello, Italy.</P>
      <P>Lin, W, 2000. Estimating the Costs of Segregation for =
Nonbiotech Corn=20
      and Soybeans. Paper presented at the 4lh International Conference =
on the=20
      Economics of Agricultural Biotechnology organized by the =
International=20
      Consortium on Agricultural Biotechnology Research (ICABR), =
Ravello,=20
      Italy.</P>
      <P>Muller, M., 2000. Mississippi River Navigation: Helping the =
Midwest=20
      Compete with South American Soybeans? Institute for Agricultural =
and Trade=20
      Policy.</P>
      <P>Paarlberg, R. L., 2002. The real threat to GM crops in poor =
countries:=20
      consumer and policy resistance to GM foods in rich countries. Food =
Policy=20
      27( 3), 247-250.</P>
      <P>Peterson, E.B., T.W. Hertel, and J.V. Stout, 1994. A Critical=20
      Assessment of Supply-Demand Models of Agricultural Trade. American =
Journal=20
      of Agricultural Economics 76,709-721.</P>
      <P>Qaim, M., 1999. The Economic Effects of Genetically Modified =
Orphan=20
      Commodities: Projections for Sweetpotato in Kenya. International =
Service=20
      for the Acquisition of Agri-biotech Applications Briefs, =
No.13.</P>
      <P>Qaim, M, 2000. otential Benefits of Agricultural Biotechnology: =
An=20
      Example from the Mexican Potato sector. Review of Agricultural =
Economics=20
      21, 390-408.</P>
      <P>Samuelson, PA, 1952. Spatial Price Equilibrium and Linear =
Programming.=20
      American Economic Review 42,283-303.</P>
      <P>Sheehy, H., 1998. Consumers and Biotechnology: A Synopsis of =
Survey and=20
      Focus Group Research. Journal of Consumer Policy 21, 359-386.</P>
      <P>Sparling, D., C.G Turvey, and D. Mark, 1999. GMOs-What are They =
and=20
      What Do They Mean for Producers and Lenders? Biotechnology =
Opportunities=20
      and Risks in Agriculture. Agricultural Finance Review 59, =
1-18.</P>
      <P>Takayama, T. and GG Judge, 1971. Spatial and Temporal Price and =

      Allocation Models. North-Holland Publishing Campany.</P>
      <P>Tweeten, L., 2000. Does the World Need GMOs? Papers of =
International=20
      Symposium on the New WTO Round of Agricultural Negotiations, =
(16):1-12</P>
      <P>United States Department of Agriculture, Economic Research =
Service=20
      (ERS), 1995-2000. Database.</P>
      <P>Wohl, J.B., 1998. Consumer's Decision-Making and Risk =
Perceptions=20
      Regarding Foods Produced with Biotechnology. Journal of Consumer =
Policy=20
      21, 387-404.</P>
      <P>Zhao, F., T. Wahl, and J. McCluskey, 2000. Biotechnology and =
the WTO:=20
      Implications for US-China Grain Trade, in The International =
Consortium on=20
      Agricultural Biotechnology Research program.</P>
      <P>Chi-Chung Chen and Wei-Chun Tseng, National Chung-Hsing =
University,=20
      Taichung, Taiwan </P><!-- #EndEditable =
--></TD></TR></TBODY></TABLE>
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D839 align=3Dcenter =
border=3D0>
  <TBODY>
  <TR>
    <TD vAlign=3Dtop><IMG height=3D10=20
      src=3D"http://www.agbioworld.org/images/spacer.gif" =
width=3D39></TD></TR>
  <TR>
    <TD vAlign=3Dtop bgColor=3D#707070><IMG height=3D1=20
      src=3D"http://www.agbioworld.org/images/spacer.gif" =
width=3D39></TD></TR>
  <TR>
    <TD vAlign=3Dtop>
      <TABLE cellSpacing=3D0 cellPadding=3D4 width=3D"100%" border=3D0>
        <TBODY>
        <TR>
          <TD class=3Dfooter vAlign=3Dtop bgColor=3D#ffffff>
            <P><SPAN class=3Dcopyright>=A9 2005 AgBioWorld. All rights=20
            reserved.</SPAN> <A=20
            =
href=3D"http://www.agbioworld.org/about/index.html">about</A> | <A=20
            =
href=3D"http://www.agbioworld.org/donations/index.html">donations</A>=20
            | <A =
href=3D"http://www.agbioworld.org/news/index.html">news</A> | <A=20
            =
href=3D"http://www.agbioworld.org/declaration/index.html">biotech=20
            declaration</A> | <A=20
            =
href=3D"http://www.agbioworld.org/biotech-info/index.html">ag-biotech=20
            info</A> | <A=20
            =
href=3D"http://www.agbioworld.org/experts/index.html">ag-biotech=20
            experts</A> | <A=20
            =
href=3D"http://www.agbioworld.org/contact/index.html">contact</A> | <A=20
            =
href=3D"http://www.agbioworld.org/links/index.html">links</A> | <A=20
            =
href=3D"http://www.agbioworld.org/newsletter_wm/index.php?caseid=3Dhome">=
subscribe</A></P>
            =
<P>&nbsp;</P></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE><!-- =
#EndTemplate --></BODY></HTML>

------=_NextPart_000_0000_01C650C2.ED9FACE0
Content-Type: image/gif
Content-Transfer-Encoding: base64
Content-Location: http://www.agbioworld.org/images/spacer.gif

R0lGODlhAQABAIAAAP///wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==

------=_NextPart_000_0000_01C650C2.ED9FACE0
Content-Type: image/jpeg
Content-Transfer-Encoding: base64
Content-Location: http://www.agbioworld.org/images/subimage.jpg
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------=_NextPart_000_0000_01C650C2.ED9FACE0
Content-Type: image/gif
Content-Transfer-Encoding: base64
Content-Location: http://www.agbioworld.org/images/sublogo.gif
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------=_NextPart_000_0000_01C650C2.ED9FACE0
Content-Type: image/gif
Content-Transfer-Encoding: base64
Content-Location: http://www.agbioworld.org/images/sub_nav_about.gif

R0lGODlhNAAcAMQAAPH18Ex8OlmGSTBnG+Pr4Z64lZGuhrrMs2eQWNbh0T5yKoOkdqzCpHWaZ8jX
wiNeDWZmZv///wAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAACH5BAAA
AAAALAAAAAA0ABwAAAX0ICSOZGmeaIpGbOu+cCzPr0jfeO7aeu/vkJ+wxxsaZ8WjErhstpLOI1SX
EBgdhNg053gMuw5tEAdgGA6sLqCAbjkKABYgHJlHCg84bPsiDAICD1Zdfw8LEQQKDwEPBhFdaV6M
AQl7YzQMAnF4jw9oBg8ECw9xBgOdkZ10NZeYCIpekBEJDw4CVoi1spBgYjh4CwegqKoCASy0DrLD
vZY4r3WMnQsACKR4DtWxDwkA0gSevjcOAwOLoV2BCmgADeYPDNEPA9Ys5qtPrTRYMPh1/tleBGQV
pQmfgkT0IfxxcCGOhg5pQIwoYyJFZxd9qNjIseOJEAA7

------=_NextPart_000_0000_01C650C2.ED9FACE0
Content-Type: image/gif
Content-Transfer-Encoding: base64
Content-Location: http://www.agbioworld.org/images/sub_nav_donations.gif
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------=_NextPart_000_0000_01C650C2.ED9FACE0
Content-Type: image/gif
Content-Transfer-Encoding: base64
Content-Location: http://www.agbioworld.org/images/sub_nav_news.gif

R0lGODlhLAAcAMQAAMjXwuPr4T5yKjBnG/H18J64lVmGSdbh0ZGuhkx8OoOkdmeQWLrMs6zCpHWa
ZyNeDWZmZv///wAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAACH5BAAA
AAAALAAAAAAsABwAAAXnICSOZGmeKBqtbOu+cAxDcm3fEY3vvM7/NR9w6BISj8bjMKn8MZu7J/TG
JBwihUbrUCCsAN4AYHW4AhCFQIwJEAgMj0WEkBgkHoqIABFRPMYJCAwPBnVqL2wPDH0PWA9qBY8O
BhF3CAEPBwgCAQQKY4gwAA9eoxEGAwaFf4MHcQYFAhEHAw8JBWuijRGmCwIAwAxecQKDC3kRAQ0L
D3yhL6a8jZFaCANqzHkPfxEOAl4CDjO6X42etQO4EQ2KpwMrAQLbA1fPPKA3YjJSU0H9S/+A8Ato
jyAVg1EQ4hioMEeKhxAjiggBADs=

------=_NextPart_000_0000_01C650C2.ED9FACE0
Content-Type: image/gif
Content-Transfer-Encoding: base64
Content-Location: http://www.agbioworld.org/images/sub_nav_biotech.gif
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------=_NextPart_000_0000_01C650C2.ED9FACE0
Content-Type: image/gif
Content-Transfer-Encoding: base64
Content-Location: http://www.agbioworld.org/images/sub_nav_bioinfo.gif
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------=_NextPart_000_0000_01C650C2.ED9FACE0
Content-Type: image/gif
Content-Transfer-Encoding: base64
Content-Location: http://www.agbioworld.org/images/sub_nav_bioexperts.gif
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------=_NextPart_000_0000_01C650C2.ED9FACE0
Content-Type: image/gif
Content-Transfer-Encoding: base64
Content-Location: http://www.agbioworld.org/images/sub_nav_contact.gif

R0lGODlhNgAcAMQAAPH18J64lUx8OuPr4VmGSXWaZ7rMszBnGz5yKtbh0azCpGeQWIOkdpGuhr/Q
ucjXwiNeDWZmZv///wAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAACH5BAAA
AAAALAAAAAA2ABwAAAX/YCSOZGmeaJpKbOu+cCzPckTfeB7beu/vv2CQJyziiMYkUMl8IZvMp/Ix
0FGXzQfkkdNyYVIWwBCosh4BgDghCShYAUgaoGgYWuNyW652xgACEAQQCgMIEIENEg8ICIMLEoEC
DgcCgwQSgIKEkmx+MHFVDAUMEGoNB4sQd6WqDwoEanF7ogVeWC4FAi4EmBIDW1pqWq4SCguHEBK6
LrdgMQUILAkGBLsSCcHKqq5xDAYNytHTBs6fL3FcCwTpAAvKxNzABsiZgXvqBPO4uQcQCA8AFPBH
iJtBfwEO+AtUZeA/Lv6+uAizxgUAiTMCLjKDx9OZPhOhiKQockjJJiRPFvZIqTIHy5Y3XsKcIXPm
DhU4c+pEEQIAOw==

------=_NextPart_000_0000_01C650C2.ED9FACE0
Content-Type: image/gif
Content-Transfer-Encoding: base64
Content-Location: http://www.agbioworld.org/images/sub_nav_links.gif

R0lGODlhKAAcAMQAANbh0T5yKuPr4VmGSZGuhvH18DBnG3WaZ0x8OqzCpJ64lbrMs2eQWIOkdsjX
wiNeDWZmZv///wAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAACH5BAAA
AAAALAAAAAAoABwAAAW6ICSOZGmeKBmtbOu+cMxCcm3L9K3r+e7HvZ9wNiyugkYfMsmDAQaRZ0z6
W0YcjygUhhVauwVHpACIKBKr7rXsICgEQG626wgEBg/GNXswABYPAwgGcC9fc4gLEQ2IfWUEAQIF
DWKGcnt7BZhYDwgrAAadCnEvdIhpiAkPBCsCCQyrMIebWbQRBA8ABwGaAQeyl6aomBEBCAIBDw9+
wEwuApXNzjtW06TWN9XYLtrbRN413eDi3inm5+chADs=

------=_NextPart_000_0000_01C650C2.ED9FACE0
Content-Type: image/gif
Content-Transfer-Encoding: base64
Content-Location: http://www.agbioworld.org/images/sub_nav_sitemap.gif
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------=_NextPart_000_0000_01C650C2.ED9FACE0
Content-Type: image/gif
Content-Transfer-Encoding: base64
Content-Location: http://www.agbioworld.org/images/sub_nav_home.gif

R0lGODlhNgAcAMQAAFmGSfH18DBnG564lePr4Ux8OoOkdtbh0ZGuhj5yKrrMs2eQWKzCpHWaZ8jX
wiNeDWZmZv///wAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAACH5BAAA
AAAALAAAAAA2ABwAAAXZICSOZGmeaJpGbOu+cCzPMkTfeB7beu/vv2CQJyziiMYkUMl8IZvMJ+sA
gA5jjof1J41kAwNFoOUYjCOBwwGhiBAGhNbBzMU+EoCHwZ14FB4IXgICfwsCfWgFhHo+XVkOEQYC
kQ9jCJOPEQCTAQ9lD3EDoD2OWl5aAFVunlksqSyem6l/kDqlLK0ABVOspq8RngsJDsRipHa4WqIO
AQtarZqqnqIMEZdxtsinaA0CDw/V0L+eAZIPAgONPgG1Ou3HW1Hx8vNJXfXw+EL3+kf9+/+GqBhI
sCCKEAA7

------=_NextPart_000_0000_01C650C2.ED9FACE0
Content-Type: image/gif
Content-Transfer-Encoding: base64
Content-Location: http://www.agbioworld.org/images/navarrow.gif

R0lGODlhDgALAJEDAJTnhAAAABlxCQAAACH5BAEAAAMALAAAAAAOAAsAAAIjjI8xG+L/FHsACjka
hVhv11lCdS2ZRZbTB5pe2q6imiWJWQAAOw==

------=_NextPart_000_0000_01C650C2.ED9FACE0
Content-Type: text/css;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
Content-Location: http://www.agbioworld.org/agbioworld.css

ADDRESS {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
BLOCKQUOTE {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
BODY {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
CAPTION {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
CENTER {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
DD {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
DIR {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
DIV {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
DL {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
DT {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
FORM {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
MENU {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
OL {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
P {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
TH {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
TD {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
UL {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
TEXTAREA {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
INPUT {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
SELECT {
	FONT-SIZE: 12px; COLOR: #3d3d3d; FONT-FAMILY: =
Arial,Helvetica,sans-serif
}
A {
	COLOR: #3d3d3d; TEXT-DECORATION: underline
}
A:link {
	COLOR: #3d3d3d; TEXT-DECORATION: underline
}
A:visited {
	COLOR: #3d3d3d; TEXT-DECORATION: underline
}
A:active {
	COLOR: #3d3d3d; TEXT-DECORATION: underline
}
A:hover {
	COLOR: #3d3d3d; TEXT-DECORATION: none
}
FORM {
	PADDING-RIGHT: 0px; PADDING-LEFT: 0px; PADDING-BOTTOM: 0px; MARGIN: =
0px; PADDING-TOP: 0px
}
H1 {
	FONT-WEIGHT: bold; FONT-FAMILY: Arial,Helvetica,sans-serif
}
H2 {
	FONT-WEIGHT: bold; FONT-FAMILY: Arial,Helvetica,sans-serif
}
H3 {
	FONT-WEIGHT: bold; FONT-FAMILY: Arial,Helvetica,sans-serif
}
H4 {
	FONT-WEIGHT: bold; FONT-FAMILY: Arial,Helvetica,sans-serif
}
H5 {
	FONT-WEIGHT: bold; FONT-FAMILY: Arial,Helvetica,sans-serif
}
H6 {
	FONT-WEIGHT: bold; FONT-FAMILY: Arial,Helvetica,sans-serif
}
H1 {
	FONT-SIZE: 18px
}
H2 {
	FONT-SIZE: 16px
}
H3 {
	FONT-SIZE: 14px
}
H4 {
	FONT-SIZE: 12px
}
H5 {
	FONT-SIZE: 10px
}
H6 {
	FONT-SIZE: 8px
}
TD#latestpostings {
	FONT-WEIGHT: bold; COLOR: #197109
}
.author {
	FONT-STYLE: italic
}
TD#sidebar TABLE.infobox {
	BORDER-RIGHT: #9c9c9c 1px solid; BORDER-TOP: #9c9c9c 1px solid; =
BORDER-LEFT: #9c9c9c 1px solid; BORDER-BOTTOM: #9c9c9c 1px solid
}
.minitext {
	FONT-SIZE: 11px
}
TD.footer {
	FONT-SIZE: 10px; COLOR: #5e5e5e
}
TD.footer A {
	COLOR: #5e5e5e; TEXT-DECORATION: none
}
TD.footer A:link {
	COLOR: #5e5e5e; TEXT-DECORATION: none
}
TD.footer A:visited {
	COLOR: #5e5e5e; TEXT-DECORATION: none
}
TD.footer A:active {
	COLOR: #5e5e5e; TEXT-DECORATION: none
}
TD.footer A:hover {
	COLOR: #5e5e5e; TEXT-DECORATION: underline
}
.copyright {
	PADDING-RIGHT: 20px
}
.header {
	FONT-WEIGHT: bold
}
TABLE.bulletlist TD A {
	COLOR: #3d3d3d; TEXT-DECORATION: underline
}
TABLE.bulletlist TD A:link {
	COLOR: #3d3d3d; TEXT-DECORATION: underline
}
TABLE.bulletlist TD A:visited {
	COLOR: #3d3d3d; TEXT-DECORATION: underline
}
TABLE.bulletlist TD A:active {
	COLOR: #3d3d3d; TEXT-DECORATION: underline
}
TABLE.bulletlist TD A:hover {
	COLOR: #3d3d3d; TEXT-DECORATION: none
}

------=_NextPart_000_0000_01C650C2.ED9FACE0
Content-Type: text/css;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
Content-Location: http://www.agbioworld.org/agbioworldimport.css

TD#sidebar {
	BORDER-RIGHT: #000 1px solid; BORDER-TOP: #000 1px solid; BACKGROUND: =
url(images/sidebarbg.jpg) #fff no-repeat; BORDER-LEFT: #000 1px solid; =
BORDER-BOTTOM: #000 1px solid
}

------=_NextPart_000_0000_01C650C2.ED9FACE0--

