Fair trade
2012-05-11 @ 22:37:31
Have you ever thought about prices of coffee at restaurants such as Starbucks? Why they are so high? It's not beacuse of costs ect. It's connected with fair trade. Products which are certified as fair trade have some protection. The Importer selling it in the West must pay a minimum price to producers. From economical point of view minimum price means that you can't pay lower price. Fair trade was created to eliminate poverty in Third World Counrties and to provide local producers' access to Nothern markets. It also aim at creating permanent relations between producers from poor countries and consumers from developped and rich countries.

Maybe in few days I'll write why fair trade is a bad deal...because it is.

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