Argues for reform of EU's Common Agricultural Policy to standardize equilibrium price & eliminate market inequalities.
Written in 1996; 1,800 words; 7 sources; $ 63.95
From the Paper:
"The European Community needs a policy for agriculture to standardize the method of establishing an equilibrium price for agricultural commodities. Countries choose not to allow free-market pricing of agricultural commodities in order to ensure what the country perceives is a greater public good in the form of farm employment which remains stabilized, to increases in production, preservation of the country's agricultural heritage. The problem is that attempts to regulate the price of any commodity, arrives at a price schedule which is not efficient. This is the case with the prices set by the European Community on farm produce.
Inequalities exist in any market where the price paid by the consumer does not equal the cost of the producer to produce the item. Inequalities may also exist if their is substantial public..."
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