This paper shows that the current generation of transgenic crop varieties has significant potential to improve economic welfare in low-income countries. These varieties might increase crop yields in low-income countries in cases when pesticides have not been used. They will reduce negative health effects of chemicals when they replace them. With low transaction costs, appropriate infrastructure, and access to intellectual property, multiple varieties of transgenics will be introduced.

Genetically engineered (GE) foods apply new molecular technologies to Widely adopted in the United States, Brazil, and Argentina for the p corn, soybeans, and cotton, they are practically banned in Europe and tigh throughout the world. We have found that GE foods have significantly incr of corn, soybean, and cotton, and lowered their prices, thus improving food foods have already contributed to a reduction in the use of pesticides and