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			Deficiency Payments - 

Funds provided to producers within the price guarantee system of the Common Agricultural Policy (CAP) to give them a fair price for their produce and labour when their costs are higher than the market prices for their produce. 

 Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K.,

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Unless otherwise indicated, all entries in the LogisticsWorld Logistics Glossary are copyright 1997, Matthew D. Cox,


WWW Virtual Library of Logistics
Ver 4, Sep, 1999, Matthew D. Cox,
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Copyright 1995, 1996, 1997, 1998, 1999 MDC, All rights reserved.