IS TO BE ESTABLISHED .
THE SAME ARTICLE PROVIDES THAT THIS COMMON ORGANIZATION MAY INCLUDE ANY MEASURES REQUIRED AND IN PARTICULAR REGULATION OF PRICES, AIDS FOR PRODUCTION AND MARKETING, STORAGE AND CARRY-OVER ARRANGEMENTS AND COMMON MACHINERY FOR STABILIZING IMPORTS AND EXPORTS .
BY VIRTUE OF THE THIRD PARAGRAPH OF ARTICLE 43 ( 2 ), THE COUNCIL SHALL, ON A PROPOSAL FROM THE COMMISSION AND AFTER CONSULTING THE ASSEMBLY, ACTING AFTER THE END OF THE SECOND STAGE OF THE TRANSITIONAL PERIOD, BY A QUALIFIED MAJORITY, MAKE REGULATIONS, ISSUE DIRECTIVES, OR TAKE DECISIONS IN THIS SPHERE .
IT IS EVIDENT FROM THESE PROVISIONS THAT THE POWERS CONFERRED FOR IMPLEMENTING THE COMMON AGRICULTURAL POLICY DO NOT RELATE MERELY TO POSSIBLE STRUCTURAL MEASURES BUT EXTEND EQUALLY TO ANY IMMEDIATE SHORT-TERM ECONOMIC INTERVENTION REQUIRED IN THIS AREA OF PRODUCTION, AND THAT THE COUNCIL IS EMPOWERED TO RESORT TO THEM IN ACCORDANCE WITH THE DECISION - MAKING PROCEDURES THERE SET OUT .
13 ON THE OTHER HAND, ARTICLE 103 REFERS TO MEMBER STATES' CONJUNCTURAL POLICIES, WHICH THEY MUST REGARD AS A MATTER OF COMMON CONCERN .
CONSEQUENTLY IT DOES NOT RELATE TO THOSE AREAS ALREADY SUBJECT TO COMMON RULES, AS IS THE ORGANIZATION OF AGRICULTURAL MARKETS .
THE REAL OBJECT ENVISAGED BY ARTICLE 103 IS THE COORDINATION OF MEMBER STATES' CONJUNCTURAL POLICIES, AND, ACCORDING TO THE TERMS OF PARAGRAPH 2 OF THAT ARTICLE, THE ADOPTION OF COMMON MEASURES APPROPRIATE TO THE SITUATION .
14 THE FLOATING OF THE EXCHANGE RATES FOR THE GERMAN AND DUTCH CURRENCIES, DEEMED ESSENTIAL IF THE WAVE OF SPECULATIVE CAPITAL INTO THE FEDERAL REPUBLIC AND THE NETHERLANDS WAS TO BE CHECKED, IMPERILLED THE UNITY OF THE COMMON MARKET AND MADE MEASURES DESIGNED TO SAFEGUARD THE MACHINERY AND OBJECTIVES OF THE COMMON AGRICULTURAL POLICY IMPERATIVE .
THE INTRODUCTION OF COMPENSATORY AMOUNTS WAS NOT INTENDED TO PROVIDE EXTRA PROTECTION, BUT TO MAINTAIN UNIFORM PRICES, THE FOUNDATION OF THE PRESENT ORGANIZATION OF THE MARKETS, DESPITE THE TEMPORARY DEPARTURE FROM FIXED PARITIES, THUS PREVENTING THE COLLAPSE OF THE INTERVENTION-PRICE SYSTEM AND PRESERVING THE NORMAL FLOW OF TRADE IN AGRICULTURAL PRODUCTS BOTH WITHIN THE COMMUNITY AND WITH THIRD COUNTRIES .
THESE MEASURES, INTENDED TO COMPENSATE TEMPORARILY FOR THE HARMFUL EFFECTS OF NATIONAL MONETARY MEASURES, SO THAT THE PROCESS OF ECONOMIC INTEGRATION MAY MEANWHILE CONTINUE ITS PROGRESS, ARE OF AN ESSENTIALLY TRANSITORY NATURE, AND WOULD NORMALLY HAVE HAD TO BE ADOPTED BY VIRTUE OF THE POWERS CONFERRED ON THE COUNCIL BY ARTICLES 40 AND 43 AND IN ACCORDANCE WITH THE PROCEDURES SET OUT THEREIN, IN PARTICULAR AFTER CONSULTING THE ASSEMBLY .
15 HOWEVER, OWING TO THE TIME NEEDED TO GIVE EFFECT TO THE PROCEDURES LAID DOWN IN ARTICLES 40 AND 43, A CERTAIN AMOUNT OF TRADE MIGHT THEN HAVE PASSED FREE OF THE REGULATIONS, AND THIS COULD JEOPARDIZE THE RELEVANT COMMON ORGANIZATIONS OF THE MARKET .
THERE BEING NO ADEQUATE PROVISION IN THE COMMON AGRICULTURAL POLICY FOR ADOPTION OF THE URGENT MEASURES NECESSARY TO COUNTERACT THE MONETARY SITUATION DESCRIBED ABOVE, IT IS REASONABLE TO SUPPOSE THAT THE COUNCIL