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It served as a tourist attraction and was a major ingredient in the production of Molasses and Rum, both of which generated significant export revenues. Most importantly, sugar exported to the member countries of the European Union generated significant revenues. The European Union (EU) sugar program as it was original implemented in nineteen sixty-eight, served to facilitate competitiveness by compensating intuitional price cuts for sugar with direct income payments. The program consisted of a mixture of price arrangements along with production quotas made possible by the implementation of the following management tools, fixed pricing, tariffs and quotas...
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