Fair Trade promises to raise living standards in developing countries through:
- worldwide minimum prices for commodities
- support for democratically governed cooperatives
- requirement of minimum wages and safety standards for workers
- training to help producers improved quality and develop business skills
- encouragement of eco-friendly practices
- third-party certification
In contrast to the free trade status quo, Fair Trade relies on informed consumers to choose more direct supply chains that minimize the role of middlemen, offering economic...
Fair Trade promises to raise living standards in developing countries through: