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A graphical approach to MCAs

, : A graphical approach to MCAs. Oxford Agrarian Studies 10: 170-185

The paper develops a simple diagrammatic model to show the effects on domestic production, consumer welfare, the EC agricultural budget and UK trade caused by operating the CAP with non-automatic alignment of spot and green sterling exchange rates. It allows for growth in agricultural productivity and/or production resource.


DOI: 10.1080/13600818108423914

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