as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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identify five pros and five cons of gmos.
user
pros of gmos:
1. increased yields and better pest resistance.
2. reduced use of chemical pesticides.
3. higher quality and more nutritious food.
4. enhanced nutrition security.
5. possibility of greater variety in produce selection.

cons of gmos:
1. risk of potential health hazards.
2. increased dependency on chemical inputs.
3. potential contamination of the existing genetic diversity of local species.
4. ecological and biodiversity damage.
5. possible higher costs of production due to the development of new technologies.
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