The Renegotiation of the ACPEEC Convention of Lomé, with Special Reference to Agricultural Products

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Cereals
The cereals regime is often quoted as the classic CAP support mechanism, with its use of two principal policy measures - intervention buying to support domestic prices and variable levies to control imports. The aim of the regime is to guarantee a level of prices which producers will receive from the market. Normally these price levels are considerably higher than prices on world markets.
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