Arguments against the Common Agricultural Policy of the EU

Seminar paper from the year 2005 in the subject Business economics - Economic Policy, grade: 2,0, Leuven Catholic University, language: English, abstract: Executive Summary Initiated in 1962, the Common Agricultural Policy (CAP) is a system of agricultural subsidies. These subsidies work by guaranteeing a minimum price to producers, by deficiency payments or by direct income payments. The purpose...