Monday, May 6, 2019
Discuss the claim that, despite repeated reform, the Common Essay
hash out the claim that, despite repeated reform, the commonality Agricultural Policy (CAP) still retains its protectionist nature - Essay representativeThese regulations cover rural development, horizontal matters like financial support and controls, direct giftments for farmers among others. Most critics view the Common Agricultural Policy as a form of protectionism meant to defend European parentrs from inexpensive products produced outside the European Union. This paper is going to discuss the claim that despite repeated reform, the Common Agricultural Policy retains its protectionist nature. all over the years, the European Union has been a model in regional integration and change promotion toilet out the world. This is evidenced by its move to cut many trade barriers through bilateral trade agreements, giving grants to poor countries, not forgetting that its creation has enhanced trade among the member states in a very significant way. Most importantly, it can be noted t hat the European Union is one of the trading blocs with low tariffs on imports from non-member states. Although this claim is true to some extent, the European Union protects Agriculture, which is one of its member states key exertion sectors through the Common Agricultural Policy.The Common Agricultural Policy enacts trade barriers on agricultural produce from outside the European Union and at the same time subsidizing the domestic producers among its member states. Subsidies and artificially higher(prenominal) prices sometimes lead to overproduction, hence food surpluses in the European markets. The European Union in run sells the excess supplies to the world market through subsidize exports, ensuring that domestic farmers enjoy higher income and job security. These subsidized export products are sold below the market prices, competing unfairly with products from developing economies. Some of the surpluses are stored to top the food mountains which are often destroyed when th ey cannot be sold. Consumers on the other hand are compelled to pay artificially higher prices for the food
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