What does the Common of Common Agricultural Policy really mean? Very basically, it means that in the late 1950s, the then 6 members of the European Economic Community decided to create a common market for certain agricultural products, and by the same token agreed to agree on
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The Common Agricultural Policy, also known as the CAP, has since its inception in the early 1960s been the largest common policy of the European Union, in terms of budget and of impact. It initially achieved its stated objectives very successfully: raising farmers’ incomes and ending hunger
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