Modelling Possible Impacts of GM Crops on Australian Trade
This paper looks at the impact on Australia’s trade in crops (non-wheat grains and oilseeds) where GM technology has been introduced. The model includes assumptions about the productivity gains of GM crops, possible consumer responses and regulatory costs for Australia and its major trading partners. The modelling work shows that, under current market conditions, the introduction of GM technology into the non-wheat grains and oilseeds sectors will have minimum impact on Australia’s trade position.
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