Economics: Change is a fair game The size and prosperity of the United States is the world's largest consumer of imported goods. Brightly lit shopping centers are decorated with the latest foreign-made clothes, accessories and accessories to prove the various items that can be purchased. There is a bad aspect with this large-scale selection. It is a high price - federal deficit. Unfair trade agreements, plus predatory pricing strategies and practices from abroad place these items on store shelves.
The discussion of Fair Trade is a discussion about the suspicious issue of the Fair Trade brand. Discussions will focus on the ethics of fair trade and so-called economic impact. There were several criticisms about the fair trade system. In a study published in the journal published by the Massachusetts Institute of Technology in 2015, the profit of producers is close to zero due to excessive supply of certification, and in fact there is only a small percentage of products classified as fair transactions Selling in the fair trade market is enough to cover the fee for certification. Several studies show that the implementation of specific fair trade standards can lead to greater inequality in certain markets and the strict rules of these markets are not suitable for specific markets Hmm. In the Fair Trade debate, there were complaints about producers, cooperatives, importers and packing companies who gained the benefit by not being able to comply with the Fair Trade standards and by avoiding them.
At the turn of the century, an organization called Fair Trade appeared. Fairtrade coffee has become very popular over the past two decades. Fairtrade's idea is to pay more farmers for farmers to live better. Most fair trade farmers are from Latin America. There is controversy about the effectiveness of Fair Trade. Proponents believe that Fair Trade will help farmers get higher salaries and live better lives. Opponents believe that Fair Trade does not keep records and can not assume responsibility.