The EEC Adopts a Common Agricultural Policy

Article abstract: The Common Agricultural Policy was adopted to guarantee price subsidies and favorable international competitive conditions for all European Economic Community (EEC) farmers.

Summary of Event

In 1967, the European Economic Community (EEC) launched a comprehensive Common Agricultural Policy (CAP), the main goal of which was to create a large, intra-European agricultural market with common prices, external tariffs, and a financial structure to cover its costs. Although the CAP succeeded in achieving, indeed surpassing, Common Market...

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