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Common Agricultural Policy
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Common Agricultural Policy
CAP is an integrated system of measures that works by maintaining commodity price levels within EU by subsidizing production. There are a number of mechanisms: Import levies are applied to specified goods imported into EU. These are set at a level to raise World market price up to EU target price.
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SOURCE: Farmer & Cowboy Agriculture Businesses – the
NOTE: Agriculture businesses in the UK play a crucial role in the nation’s economy, environment, and society. By understanding the political, social, and economic dimensions of the agricultural sector, farmers and agribusiness owners can navigate challenges and seize opportunities to build resilient, sustainable, and profitable operations.
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Originally posted 2024-05-26 00:00:00.