Quizlet The common agricultural policy of the European Union supports its farmers through
a system of a. domestic content requirements
b. variable levies and export subsidies
c. export subsidies and import quotas
d. fixed import tariffs and export subsidies

CAP or Common Agricultural Policy (1962), is a set of subsidies given to European Union (EU) farmers so they can guarantee enough production levels for consumers within that continent, and acceptable conditions of living for the producers. The CAP keeps fixed prices for agricultural products within the EU though, above the regular sale price on the world market. The EU collects also import levies on agricultural products to protect the consumption of the locals.

Quizlet The common agricultural policy of the European Union supports its farmers through a system of a. ​domestic content requirements b. ​variable levies and export subsidies c. export subsidies and import quotas d. ​fixed import tariffs and export subsidies

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Quizlet The common agricultural policy of the European Union supports its farmers through
a system of a. domestic content requirements
b. variable levies and export subsidies
c. export subsidies and import quotas
d. fixed import tariffs and export subsidies