Farm subsidies 'could half by 2030 due to Brexit'

The video discusses the implications of Brexit on industries, particularly focusing on agriculture in Northern Ireland. It highlights the dependency of the agricultural sector on direct payments and anticipates significant policy changes over the next 5 to 10 years. These changes may lead to reduced payments to farmers, necessitating market compensation to sustain their businesses.

What is the primary goal regarding Brexit as mentioned in the first section?

• To increase tariffs on imports

• To establish a political agreement

• To reduce immigration

• To expand the fishing industry

Which region's farms are mentioned as being highly dependent on direct payments?

• Scotland

• Northern Ireland

• Wales

• England

What is a major concern for industries that rely on direct payments?

• Environmental regulations

• Increased competition from abroad

• Changes in income sources

• Rising labor costs

What is expected to happen to agricultural payments post-Brexit?

• They will increase significantly

• They will remain the same

• They will decrease

• They will be abolished

What must the market do if agricultural payments decrease?

• Reduce production

• Increase exports

• Compensate farmers

• Ignore the changes