What does monetary compensatory amounts mean?
Definitions for monetary compensatory amounts
mon·e·tary com·pen·satory amounts
This dictionary definitions page includes all the possible meanings, example usage and translations of the word monetary compensatory amounts.
Wikipedia
Monetary compensatory amounts
Monetary compensatory amounts (MCAs) were border measures in the EU consisting of taxes and subsidies formerly applicable to intra-EC trade in agricultural and food products for which intervention prices were set. These border measures were made necessary by the fact that intervention prices were set in ECUs and converted into national currency terms at green rates, set at levels different from commercial market rates. This gave rise to price differentials between member nations (in market ECUs) that would influence intra-EC trade if not offset by the MCAs. The system worked by subsidizing exports (and taxing imports) from strong-currency countries, and taxing exports (subsidizing imports) from weak- currency countries. MCAs were abolished in 1993, when border controls were removed with the advent of the Single Market.
Numerology
Chaldean Numerology
The numerical value of monetary compensatory amounts in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of monetary compensatory amounts in Pythagorean Numerology is: 9
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"monetary compensatory amounts." Definitions.net. STANDS4 LLC, 2024. Web. 16 Apr. 2024. <https://www.definitions.net/definition/monetary+compensatory+amounts>.
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