monetary compensatory amounts

(redirected from Green money)
Also found in: Wikipedia.

monetary compensatory amounts (MCAs) or green money

the system used by the COMMON AGRICULTURAL POLICY of the EUROPEAN UNION to convert the common prices agreed for farm products into the national currencies of member countries outside the eurozone and to realign prices when the EXCHANGE RATES of those currencies change.

The Council of Ministers meets annually and fixes common prices for individual farm products, such as milk, beef, etc., for the coming year. These prices are converted into national currency values on the basis of prevailing exchange rates. Should, however, a member alter its exchange rate then the ‘common link’ is broken and its farm prices will either be more, or less, expensive than the other members’, depending upon whether its exchange rate has fallen or increased. To counter this, border taxes and subsidies on food IMPORTS and EXPORTS (monetary compensatory amounts) are deployed. For example, if the exchange rate rises (see APPRECIATION 1), the general effect is to cheapen food imports and make food exports more expensive. To ‘compensate’ for this movement, that is, to ensure ‘green money’ values and domestic farm incomes remain stable, then food imports are taxed and food exports are subsidized. In contrast, if the exchange rate falls (see DEPRECIATION 1), the general effect is to cheapen food exports and make food imports more expensive. To stabilize the situation, food imports are subsidized and food exports are taxed.

References in periodicals archive ?
Children get duit raya (green money packets), older people enjoy the festive cuisine and delicacies.
Jeremy Corbyn with his money tree, wish list manifesto and no plan for Brexit or Theresa May with her record of delivery?" She said Mr Corbyn's spending plans did not add up, adding: "It's as though he thinks it's some sort of game - a game of Monopoly perhaps where you ask the banker for the red money to pay electrics, the green money to buy the railways and the yellow money to buy the gasworks.
Unlike green money, which can be spent today, Orange Money needs to be set aside in order to be emotionally and financially secure during retirement.
Algae treatment could save green money in the long run when compared with conventional technology or more chemicals.
There are two types of investments--colloquially called "red money" and "green money."
The financial Services Authority in the UK has revoked mortgage brokerage, Green Money's permission to operate, declaring that the firm was 'not conducting its business soundly and prudently'.
"As society sees the full cost of traditional business behaviour, socially responsible investing will be embraced as the single most important lever towards building a better world than the planet has ever seen," she recently told Green Money Journal.
The Sierra Club's Woodall told me, "The only green they have in mind is green money."
One good place to start is the Green Money Journal, which features a wide range of informative and free articles to help the individual investor make sense of the panoply of choices available when it comes to investing with the Earth in mind.
"I'll use green money to fund some of the ship modifications that we'll need as we go forward."
Green money plants climb all over, there is a neem as well as a tulsi plant.