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Number of Pages 6
This research paper: This is a 6 page paper discussing the Common Agricultural Policy (CAP) and recent issues with the EU, WTO and US. Since the food shortages during the war years in Europe, agricultural policy has remained a key objective within the European community. The formal principles of the Common Agricultural Policy (CAP) were established at the Stresa Conference in 1958 which were adopted by the six founding Member States in 1962. The main objectives of the CAP include: the increase of agricultural productivity by promoting technical progress and optimizing labor; to ensure a fair standard of living to the agricultural community; to stabilize markets; to assure the availability of supplies; and to ensure the supplies reach the consumers at reasonable prices. Within recent years, the European Union (EU) has been pressured to reform CAP within the goals of the World Trade Organization (WTO) which relate to opening world trade, reducing subsidies and import tariffs, and ending the dumping of surplus; reforms which are opposed by France, Germany and some of the other member states in the EU. Bibliography lists 10 sources.
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