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Social Issues
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| Number of pages / Number of words: |
27 / 7534 |
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These markets are known as Common Market Organisations. These common markets would allow free trade within EEC member states and erect trade barriers to outside markets. Instead of allowing the market to establish the prices for various products, the CAP put in place a guaranteed price. This meant that no matter how low the market price of the good dropped the EEC would protect the market by using a price support system...
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These markets are known as Common Market Organisations. These common markets would allow free trade within EEC member states and erect trade barriers to outside markets. Instead of allowing the market to establish the prices for various products, the CAP put in place a guaranteed price. This meant that no matter how low the market price of the good dropped the EEC would protect the market by using a price support system...
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