(the) Common Agricultural Policy
- the Common Agricultural Policy UK US
* * *the policy introduced in 1962 by the European Community, now the ↑European Union, to protect European farmers. Under the system, farmers were paid even if they produced food that was not needed. Too much food was produced as a result, and this was given names such as the ‘butter mountain’ and the ‘wine lake’. This great waste of money caused much argument about how to improve the system, and in the 1980s some changes were made. One of the solutions (called set-aside) was to pay farmers not to produce food in some of their fields. When ten new members joined the EU in 2004 further changes were introduced to reduce the CAP budget.
Useful english dictionary. 2012.
Look at other dictionaries:
the Common Agricultural Policy — UK / US See: cap … English dictionary
Common Agricultural Policy — ˌCommon Agriˌcultural ˈPolicy abbreviation CAP noun ECONOMICS FARMING in the European Union, a system of controlling the production and sale of farm produce, especially by paying government money to farmers to produce certain crops: • The… … Financial and business terms
Common Agricultural Policy — European Union This article is part of the series: Politics and government of the European Union … Wikipedia
Common Agricultural Policy — (CAP) in the law of the European Union, one of the very foundations, being the legal regime supporting the coordination of agriculture in Europe. Although included in the common market, it was necessary to make special provision for agriculture… … Law dictionary
Common Agricultural Policy — CAP A policy set up by the European Economic Community to support free trade within the Common Market and to protect farmers in the member states. The European Commission fixes a threshold price, below which cereals may not be imported into the… … Big dictionary of business and management
Common Agricultural Policy — (CAP) Originally created with three main components: a single market for agricultural products, with common prices; a common external tariff (CET) on agricultural imports; and common financial responsibility. Its core is the guaranteed price… … Glossary of the European Union and European Communities
Common Agricultural Policy — Common Ag|ri|cul|tu|ral Pol|i|cy, the the full name of the ↑cap … Dictionary of contemporary English
Common Agricultural Policy — (CAP) The CAP is a system of European Union (EU) agricultural subsidies. Its origins are to be found in an agreement made between France and West Germany during the drafting of the Treaty of Rome which provided for guaranteed markets for… … Glossary of UK Government and Politics
Common Agricultural Policy — (also the CAP) the policy introduced in 1962 by the European Community, now the European Union, to protect European farmers. Under the system, farmers were paid even if they produced food that was not needed. Too much food was produced as a… … Universalium
Common Agricultural Policy — (CAP) the system of organization of farming in the European Union (EU). http://europa.eu/pol/agr/index en.htm … Geography glossary