European Agricultural Policy Destabilizes World Markets and Harms Developing Countries.
The Common Agricultural Policy (CAP) in the European Community is a hot topic in international economics. Developed countries' high agricultural protection causes problems like distorted markets and environmental damage. The CAP, blamed for these issues, affects trading partners, consumers, taxpayers, and the environment. The EC, a major food importer and exporter, has a big influence on global agricultural policies. It's important to understand how decisions are made within the CAP to improve things in the future.