Almost every developed nation in the world except the United States mandates the labeling of genetically modified foods. Upon examining the costs and benefits of mandatory labeling, it appears that this may not be the most efficient solution to deal with varied consumer preferences. The United States government should instead focus on increased scientific research to deal with the externalities of biotechnology.
Major Themes in Economics
©2005 by Major Themes in Economics
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This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Gongol, William J.
"The Economics of Mandatory Biotech Food Labeling in the United States,"
Major Themes in Economics, 7, 47-58.
Available at: https://scholarworks.uni.edu/mtie/vol7/iss1/5