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CAP - AN EVALUATION
The concept of a Common Agricultural Policy (CAP) began with the Treaty of Rome in 1957 and the key principles of the CAP – single markets, Community preference and financial solidarity – were laid down at The Stresa Conference in 1958.
As the EEC was developed to prevent the possibility of another war between France and Germany though economic links, the CAP would play a vital role in this because food, especially as a result of the war period, had become a critical area. ...
The CAP however is very unusual and almost unique to the industry and the continent. ...
COSTS and BENEFITS
The CAP has, in the past, accounted for two-thirds or more over previous years. ...
The CAP has generally led to an increase in costs felt by the consumer. When the CAP was developed a certain level of farm product prices had to be decided on, which the CAP would artificially maintain. ... The consequences of this are most heavily felt by the poorer members of society who spend the greatest proportion of their income on CAP supported products. ... Consumers have to pay on average about £250 more per person (The Telegraph), including children, as a result of the high food price policies of the CAP.
Approximate Word count = 968 Approximate Pages = 3.9 (250 words per page double spaced)
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