Common Agricultural Policy

…treaty also provided for a common agricultural policy, which was established in 1962 to protect EEC farmers from agricultural imports. The first reduction in EEC internal tariffs was implemented in January 1959, and by July 1968 all internal tariffs had been removed. Between 1958 and 1968 trade among the EEC’s…

…that inhibit market competition, a common agricultural policy (CAP), and a common external trade policy.

…policy and subsequently by the Common Agricultural Policy (CAP) of the EU, the output of some agricultural products exceeded demand during much of the United Kingdom’s tenure in the European Union. Employment in agriculture has declined gradually, and, with the introduction of policies to achieve reduction of surpluses, the trend…