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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

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Originally posted 2024-05-26 00:00:00.