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The EC and its Common Agricultural Policy


, : The EC and its Common Agricultural Policy. Informacoes Economicas Instituto de Economia Agricola 22(5): 41-47

The main articles of the Treaty of Rome are examined, and the implementation and historical evolution of the CAP are described. The distortions on the world market for farm products that result from the CAP are discussed, together with their impact upon developing countries. Internal contradictions within the CAP and impacts upon different interest groups are noted: stagnant incomes for farmers despite rising costs, and the concentration of income in the hands of the larger producers.

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