Generate text that refutes this claim: CAP maintains European food security  The subsidies to agriculture are important for maintaining self-sufficiency to enable Europe to feed its own citizens. In the world of fluctuating markets, global climate change, commodity crisis such in 2008, the state intervention is even more important because that means that the needed goods can become unavailable. Without EU’s help the prices can fluctuate wildly which can be of concern mainly for poorer parts of EU, where the major part of household spending is still food and non-alcoholic beverages. To prevent this kind of situations only the continent-wide policy can be an effective measure. The markets of other countries can compensate losses from others and vice versa. The result of a secure supply of affordable food has been that the amount an average EU household devotes to food has halved since 1960. [1]  [1] European Commission, ‘CAP – how much does it cons’ ‘Food Prices’, ec.europa.eu,
business economic policy international europe house believes eu should abandon
In the current interconnected world it is hard to imagine a situation when the EU will be unable to buy enough food for its citizens on the global market. Countries of the EU are among the richest in the world and have enough soft power to negotiate favourable terms of trade from developing countries in nearly any situation. [1] Even if the subsidies created by CAP were abandoned, the agricultural industry will hardly be decimated. The numbers of farmers may decline, there would be consolidation into bigger farms, however there always will be markets where European food will be sold – due its regional specifics, high quality or simply patriotism, when people buy food produced in their own country to support it.  [1] Zahrnt, Valentin, ‘Food Security and the EU’s Common Agricultural Policy: Facts against fears’, Ecipe Working paper, No. 1, 2011,