In: Economics
Fair trade exists to make sure that fair prices, the living wages and benefits for workers for those in under developed countries. This gives them equal rights although they live in these under developed countries. Fair trade is supposed to allow openness and respect while countries seek some type of international trade. This offers these countries better trading opportunities and secures there rights. Although it does deal alot with trading it deals with much more then just that. It also improves the justices among trade. It identifies areas that need change when it come to policy and rules. It also helps to focus on poverty in under developed countries. Fair trade educates the countries it is involved with, this allows them to sell more products without fear of having ramifications of this trade agreement. These things are good for these countries because it makes trade simple and easy. They are able to negotiate, make a transaction and go about your business. Free Trade provides resources for these countries and allows them to continue to purchase the products they and and need. It also is changing the way workers are doing things in these country's. Being able to make a better working environment has allowed the under developed countries to initiate and changes to the team they are staffing.
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