AG 003 Lecture Notes - Lecture 1: Free Trade, Common Agricultural Policy

• School: College of The Sequoias
• Department: Agriculture (AG)
• Course: AG 003
• Professor: Hinojosa

Document Summary

Established in a eec of only six mss. The cap was a system of market support to farmers based on guaranteed prices within the community, and import levels and export subsidies vis- -vis the rest of the world. Enlargements since the 1970s added dimensions of controversy and issues of appropriateness. Uk (1973) enabled this long-standing critic of the cap to advocate reform from within and set new policy priorities on the eu agenda. Sweden (1995) supported the uk in its quest for agricultural trade liberalization. Spain, portugal (1986) revealed regressive bias of the cap and raised issues of budgetary redistribution as the structural funds doubled to meet the needs of the new members. Central and east european are significant recipients of eu regional-policy subsidies. Eu has 28 mss their agricultural structures, social make-up, and basic views on economic policy differ greatly.