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Essay on free and fair trade
Fair trade and its future essay
Essay on free and fair trade
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What if there was a way to consume and use everyday products while knowing the people who put the hard work into growing and harvesting them are being treated as fairly as possible? Fortunately, there is a way for the consumer to have full confidence in this while purchasing their products. What the buyer should look out for is if the product is marked “Fair Trade” or not. Fair Trade is a type of business in which it is established that the producer is paid a fair price for the goods they provide. Whereas some producers get ripped off and paid only a small portion of what they should be, Fair Trade ensures that this does not happen and gives the producers the full benefit of their work. Some may ask, “is it really worth it to invest in something that will only put a label on a product?” The answer is yes. In this day and age, every humane person should have the decency to pay a little bit extra to warrant the fair treatment of the producers. Fair Trade is quite a simple social movement to operate with rules that can be easily enforced and the range of products is large yielding it to have its strengths and weaknesses, as does every operation of this scale. The way Fair Trade operates is simple. In order for the buyer to know that what they are investing in is produced on a farm or in a factory where the workers are treated and compensated fairly, there are a set of rules and requirements that the business must follow. The cooperatives and their coworkers must follow a set of rules laid out by Fair Trade International. FLO-CERT, the for-profit side of Fair Trade, takes care of individually reviewing the producer by examining and eventually certifying them as an official Fair Trade producer. The worksite is constantly being visi... ... middle of paper ... ...roducts through taxes and tariffs as to those who do not take part in it. Also, most products of Fair Trade are only available in specialty shops, such as health food stores, rather than stores who receive a wide distribution of goods. Is Fair Trade the best route to take in the production of goods? I think this should be a no-brainer. Even though we as consumers are paying extra for the products, it is absolutely worth it. The extra change that is spent on a bottle of lotion through Fair Trade is 100% worth the notion to prevent the suffering of another individual. I want to know that the products I am using on a daily basis are being made in the most humane way possible. Why should we contribute to the wrongdoings of slave labor or other horrible acts of production if we can potentially avoid it? Fair trade is the most compassionate form of production there is.
Wright, L. T., & Heaton, S. (2006). Fair Trade marketing: an exploration through qualitative research. Journal of Strategic Marketing, 14(4), 411-426. doi:10.1080/09652540600948019
In this essay I will be discussing the features of Scotland’s mixed market economy, describing four aspects of the Scottish economy; Tourism, unemployment, growth and the NHS.
...itution is the notion of replacing imports from other countries with home-grown goods. China has placed a large emphasis on import substitution, taking advantage of their large mass manufacturing capability and minimizing their lack of financial capital. Wal-Marts interests are counter to the idea of import substitution because they import so much product to the US, while exporting only jobs to produce the imports. Fair trade tries to bring equality to imports and exports, because while one country emphasizing import substitution has benefits, it means the country they were exporting from loses that expected income.
...ystem primarily responsible for promoting global competition. Free trade also promotes shifts in production so as to fit the “comparative advantage” model. Though free trade is widely practiced concerns with how to regulate free trade, something supposedly unregulated, countries have to subject themselves to the controversial institutions of the IMF and WTO. Fair trade policies while potentially creating smaller markets support workers’ rights in both the U.S. and developing nations. Though the pros and cons of globalization continue to be debated the United States can no longer escape its role in the global economy nor can it impose policies that are detrimental to the United States founding ideals. However policies that play towards the advantages of both free and fair trade could stimulate a healthy domestic economy that is also competitive in the global market.
People can analyze the different between Fair Trade and Free Trade. Cafedirect just need to maintain
In 1993, the North American Free Trade Agreement (NAFTA) was signed by President Bill Clinton. It was said that Clinton hoped the agreement would encourage other nations to work toward a boarder world-trade pact. In 1994, the agreement came into effect, creating one of the world’s largest trade zones between United States, Canada, and Mexico.
A consumer should research and determine for themselves who fair trade truly benefits: the producer or the buyer. The principles that govern fair trade will provide enough information to substantiate whether buying fair-trade items at premium prices is beneficial to the small farm producer.
Whereas, Free trade is an international system in which nations allow open trade to other countries. I believe that Fair trade is more sustainable, as it balances economic states and reduces the disparity between developed and developing nations. Fair trade supports farmers and workers who are not receiving the amount they should receive, it helps balance the economic state with developed countries. The system aims to aide the economic and social welfare of under developed nations and empowers producers who have been externalised. Fair trade not only supports economically, but also sustains families, communities, livelihood and a way of living in which they inherited from their
Fair Trade coffee truly presents a difficult dilemma: through attempts to help farmers it sometimes backfires in certain areas and ends up hindering instead. Rules for the guaranteed market, guaranteed price floor, and opposition of child labor all originate from good-hearted desires to improve the lives of coffee farmers. Unfortunately, the situation many coffee farmers face cannot be so easily solved. The process of moving Fair Trade to the next level of functionality may not come quickly: it may take years, even decades. But that does not matter; rather, it matters much more that we ensure that the issues are addressed and thought over rather than simply swept under the carpet with the National Debt. With care and creativity Fair Trade can grow if we simply put forth the effort required to help it do so.
In the late 1940s the initial fair trade movement began in the United States. During that period Fair trade was often regarded as a political gesture to neo-imperialism. The slogan 'Trade not Aid' at the time, obtain international recognition. In addition, it adopted the United Nations Conference on Trade and Development (UNCTAD) to focus on the establishment of fair trade relations with the developing countries (Littrell and Dickson, 1999; MORI, 2000). At the same time Fair Trade in Europe started from the late 1950s. British Non-Governmental Organizations (NGO) name Oxfam gradually to sell some crafts by Chinese refugees made in Oxfam stores (Littrell and Dickson, 1999; MORI, 2000). And then in 1964 it created the first fair trade organizations. Moreover, Dutch third world groups also began to sell cane sugar and this produces with the message 'by buying cane sugar you give people in poor countries a place in the sun of prosperity' (Littrell and Dickson, 1999; MORI,
Few governments will argue that the exchange of goods and services across international borders is a bad thing. However, the degree to which an international trading system is open may come into contest with a state’s ability to protect its interests. Free trade is often portrayed in a good light, with focus placed on the material benefits. Theoretically, free trade enables a distribution of resources across state lines. A country’s workforce may become more productive as it specializes in products that it has a comparative advantage. Free trade minimizes the chance that a market will have a surplus of one product and not enough of another. Arguably, comparative specialization leads to efficiency and growth.
Free trade in today’s economy allows so much more than just jobs and goods at lower prices for Americans. Compared to the foreign competition, the free trade benefits outweigh any risks the foreign competition might impose on the US. As said by Denise Froning in her article, free trade benefits in four ways. “Free trade promotes innovation and competition, Free trade generates economic growth, Free trade disseminates democratic values, and Free trade fosters economic freedom.” Societies that enact free trade policies create their own economic enthusiasm, nurturing freedom, job opportunities, and success that benefit every citizen. Free trade is the only type of fair trade because it offers consumers the most choices and best standards to improving their type of living. Also by fostering opportunitie...
Free trade can be defined as the free access to the market by individuals without any restriction or any trade barriers that can obstruct the trade process such as taxes, tariffs and import quotas. Free trade in its own way unites and brings people together. Most individuals love the concept of free trade because it gives them the ability to move freely and interact with the market. The whole idea of free trade is that it lowers the price of goods and services by promoting competition. Domestic producers will no longer be able to rely on government law and other forms of assistance, including quotas, which essentially force citizens to buy from them.
“Fair trade is much more than a buying relationship,” Heyl said. “It’s about developing holistic communities and retaining wealth and talent and education in villages in India”. The model is especially significant for helping women. Heyl said in some communities, women aren’t allowed to leave the house without a man. Everything all at once.
The act of trade itself has had very little impact on the environment. It is the resulting increased economic activity that destroys local ecosystems and exhausts natural resources. However, increased economic activity also is the main driving force behind growth and production, which is vital to a poor community. As such, I am hardly attacking free-trade policies, only analyzing their environmental implications, of which there are many. For example, sugar cultivation and trade had an enormous impact on the American tropics beginning in the late 17th century and lasting over a century. In the early 1640's, the Dutch began transporting slaves and agricultural technolo...