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The Importance Of Fair Trade

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Fair trade is an organized social movement whose purpose is to promote a global fair criterion in labor, environmental protection and social policy. Its products are various from handicraft to agricultural products (citation). The benefits come in various approaches, majority of them are connected with environmental protection and economy increase in poor places. From one side, fair trade is not only beneficial to natural environment, but also slightly improve worker’s working environment. From another side, fair trade increased impoverished place’s economy from different fields. (citation) Firstly, fair trade in different regions opening up new opportunities for commodities exchange and accelerate capital circulation velocity. Secondly, fair …show more content…

Fair trade，which aims to improve impoverished situation in poor countries is a pivotal social activity in international business. It is increasingly known to people for its advantageous merits. According to the Fair Trade Resource Network (2008), there are ten crucial reasons to sustain the development of fair trade. In this paper, major attention is paid to its economic, environmental and social elements. The importance of fair trade is that it relatively reduces poverty in impoverished countries, especially for those people who live on the edge of subsistence although it is not completely effective (Modelo,M. 2014). In this case, fair trade plays a vital role in helping poor nations to enhance their living standard from different …show more content…

Furthermore, products under this kind of situation furnish high quality and safety to consumers. According to the Fairtrade (2014), in the fair trade production process, not only the workers should assure their proper working environment and healthy physical condition, but also reasonable chemical usage should be guaranteed in products. Therefore, the whole process of producing goods in fair trade is environmentally friendly and sustainable, because both worker and environment can be protected in an effective approach. For instance, farmers nowadays have become familiar with scientifically using Agrochemicals. As a result, medical usage abuse is this field decreasing, which is protecting the environment. Farmers not only take their selling into consideration, but also concentrate on buyer’s food safety (Diocese of Oxford, 2014). In addition, this production strategy has promoted crop’s quality while enhancing the environmental

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