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Is a Fair Trade Policy Superior to a Free Trade Policy ?

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Macaire Castle

on 6 May 2014

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Transcript of Is a Fair Trade Policy Superior to a Free Trade Policy ?

Is a Fair Trade Policy Superior to a Free Trade Policy?
The Farmers
Approximately 5 million farmers, workers, family and community members in 70 countries benefit form fair trade (farmers market going global) (harvest the power)
Coffee industry
Higher wages
Develop business skills, sustainable
Improved ecosystem
Better quality of product
Fair Trade Sales in The US
Fair Trade
Free Trade
Fair Trade
A movement whose goal is to help producers in developing countries get to a fair price for their products so as to reduce poverty, provide for the ethical treatment of workers and farmers, and promote environmentally sustainable practices
Free Trade
A system of trade between nations in which there are no special taxes on imports
Fair Trade Principles
Terms to Know
Trade Liberalization: involves removing barriers to trade between different countries and encouraging free trade (reducing tariffs, reducing/eliminating quotas, and/or reducing non-tariff barriers)
Managed-Trade Agreements: typically managed for the special interests in the advanced industrial countries
Bilateral Trade Agreements: give preference to certain countries in commercial relationships, facilitating trade and investment between the home country and the foreign country
Trade is supposed to be about the standards of living, but whose standards of living?
Double Standards?
No such thing as Free Trade
What about developing countries?
Knowledge gap
Is it all about the United States?
Do we promote Democracy?
Do we want more relationships?
Should there be more social protections?
Should we share the gains?
Does this create higher cost in goods?
Are the policies actually being implemented?
Does fair trade benefit all countries economies?
Would Fair Trade work on a bigger scale?
Problems with
Free Trade
Top Fair Trade Products
"Building Deeper Commitment: Companies." The Fairtrade Foundation, London, UK. N.p., n.d. Web. 20 Apr. 2014.
"The Korea-U.S. Free Trade Agreement: One Year On." Wendy Cutler on the Korea-US Free Trade Agreement. N.p., n.d. Web. 20 Apr. 2014.
"Building Deeper Commitment: Companies." The Fairtrade Foundation, London, UK. N.p., n.d. Web. 20 Apr. 2014.

"Fair Trade Federation Principles." Fair Trade Federation Fair Trade Federation Principles Comments. N.p., n.d. Web. 20 Apr. 2014.
Bonello, Frank J. Taking Sides. Dubuque, IA: McGraw-Hill/Dushkin, 2006. Print.
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