Common Agricultural Policy – Aims, Costs, Benefits
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Common Agricultural Policy – Aims, Costs, Benefits
Why Subsidise ? The declining income of farmers. With increased income in the economy the proportion spent on is low. The YED of food is low. Therefore farmers lose out during economic growth. Positive Externalities of farming. If farmers go out of , rural communities will suffer.
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SOURCE: Farmer & Cowboy Agriculture Businesses – Agriculture
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