Conclusion - Impact of Fair Trade - Google Sites.
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In this essay it is proposed that fair trade is a form of sustainability marketing. It will first consider there are many similar key facets between fair trade and sustainability marketing. It will then go on to describe that both fair trade minimum price and fair trade premium promote sustainable development. The third part is about securing the rights of workers for paying attention to.
Moreover, fair trade provides many opportunities for corruption. For example, there were cases of false labelling of products with the Fairtrade brand or not paying the labourers the mentioned above minimal price (Reed, 2009). Conclusion. After the research of the fair trade phenomena certain conclusions can be made. First of all fair trade is.
On the opposing side, Fair trade is a group of people with efforts to relieve these tariffs and barriers, so third world countries are more open to major economical growth. One of the largest groups in the matter is the Non-Government Organizations (NGO). These groups aim for one thing and one thing only, complete globalization.
Fair trade contributes to sustainable development for producers, workers and their communities.The fair trade companies have a fixed price for the produce so the farmers are not cheated out of any money and they also give the farmers some bonus money for social projects like schools and theatres which helps a village to develop.
From the discussion, it can be concluded that free trade has been a reality to developing countries since it contributed greatly to development of current developed countries such as china, South Korea, and other European countries such as Germany and Britain.
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