en

MCA

1 abbreviation

Terminological databases

EKI terminibaas Esterm

ID 701713 Last modified 30.12.2004
View dataset
View dataset
Domain Agriculture - Food Industry - Livestock Industry - Fisheriesinternational economy
  • a border adjustment used to even out the differences between green currencies and the actual foreign exchange value of EC currencies. It is calculated weekly. The MCA acts as a subsidy on food imports for a country with a weak currency, since it brings prices down from the high green currency level to the lower foreign exchange or real value. By the same token, it makes farm exports from such countries dearer. For countries with strong currencies, exports are cheaper and imports dearer but it also ensures prices paid to farmers in those countries do not fall.
monetary compensatory amount
Usage examples
  • With respect to the application of monetary compensatory amounts in respect of skimmed-milk powder consigned to the Member State of destination under this Regulation, the amount of aid paid to the exporter should be taken into account.
MCA abbreviation

Word forms not available

Etymology not available

Related words not available

Search the same word

in the EU's IATE term base

Web examples

Online Language Learning Tool SkELL allows users to search for phrases in sentences, collocates and similar words. These examples have been automatically selected and may contain errors.