Economics Essays: Fair Trade: Arguments for and Against.
The objective of this event is to discuss address the key issues and questions that the Fair Trade movement faces. Length: 2.5 hours. Ideally this workshop “Fair Trade Hot Topics” should happen on the first day, in any it should be placed at a time slot BEFORE THE separate workshop “Fair Trade 2.0” (which is more forward-looking and propositional).
Fair trade, global movement to improve the lives of farmers and workers in developing countries by ensuring that they have access to export markets and are paid a fair price for their products. Those objectives are often achieved by establishing direct trading relationships between small-scale producers in Africa, Asia, and Latin America and fair trade organizations (FTOs) in the United States.
Fair Trade establishes, in contrast to the competitive trade relations, a partnership approach to trade that aims at incorporating ethics into trade by focusing on values such as equality of exchange, cooperation and fairness and by trying to increase the terms of trade in favour of the producer (Tallontire, 2000). 21 Fair Trade is however not only a practical model of alternative trading.
Fair trade is about better prices, local sustainability, good working conditions, and fair requirements of trade for farmers and workers in the developing world. By requiring companies to pay sustainable prices, Fair trade addresses the injustices of conventional trade, which discriminates against the poorest and weakest producers.
QUESTION 3:Choose one of the theoretical approhes considered during the module, apply it to a particular issue or text and discuss how useful that approach is in analyzing, evaluating or questioning your chosen topic.Ethical Consumer and Fair Trade Introduction: Social responsibility and marketing ethics are natively controversial, continues research in this area represents conflicts and.
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So market failure may be the price of Fair Trade movement, and we know that is bad for the whole society. Other people in economy may be worse off because of this fair-trade movement, which is also unfair to them. 5. Conclusion. As a conclusion, I should say that the three main aims of the fair-trade movement are found.