Case Study: Fair Trade

  • Fair Trade is an organisation that sets standards fro trade with LEDC’s
  • It guarantees a fair price for the farmer
  • This pays for the product and investment in local community development projects
  • In return the farmer must farm in an environmentally friendly way and treat their workers fairly too!
  • More than 900 products are labelled fair trade
  • Retail trade is growing by 40% a year!
  • In Costa Rica coffee growers have formed co-operatives (groups ) and now grow and trade their own coffee
Category
sign up to revision world banner
Slot