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Essay On Fair Trade

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BUS 1101 WRITTEN ASSIGMENT UNIT 1.
FAIR TRADE ISSUES
FAIR TRADE: Fair trade means equity, just, right and reasonable treatment of everyone. The partnership between traders and producer, traders can be found mostly in the developed country why producers can be found mostly in developing or underdeveloped country.
PRODUCER: Producers are often referred to as the farmers and workers. Those who are responsible for the production of the goods like cocoa, coffee, tea and rubber etc.
IMPORTER: Importer are being referred to as those who import the products produce by the producers to various country for further processing, either to be sold by themselves or to other processor.
FAIR TRADE CERTIFIERS: Are the entities or organization that certify the producer and the importer as a fair trade, for the guidelines to be follow accordingly. Every country has its fair trade organization, fair trade labelling is the organization that responsible for all the producer around the world, make sure that all the producer follow the fair trade standard. Trans fair in the USA is the organization that certifies importers and processor as fair trade that ensured that the standard guidelines of fair trade are follow. There are similar organization in other country like Japan, Germany etc.
TRADE FAIR AGREEMENT: Producer …show more content…

For the products that is being certified by” fair trade”, there is always a price control set by FLO, which means one fair trade fits all, but for the others there is no price set, so it’s easy for a business man to claim that they are “Fair trader”

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