The second semester has begun and I got the Fair Trade Project for Creativity in Context module, so to know what Fair Trade is and what they are doing is the good start to think about my project.
"Fair Trade emerged in the wake of World War II as a form of goods exchange considered 'Fairer' than conventional trade. "
The definition of Fair Trade has been proposed by FINE as ' Fair Trade is a trading partnership, base on dialogue, Transparency and respect that seeks greater equity in international trade which contribute to sustainable development by offering trading condition to and securing the right of marginalized producers and workers.' (Pedregral V. D. and Toulouse N. O., 2011)
Fair Trade aims to ensure fair and stable trading conditions for disadvantage producers in developing countries. Fair Trade sales in major markets of The UK, Italy, Germany, Switzerland and The Netherlands which The UK and Switzerland are the big markets in terms of sales volume. Even the major markets are within the specific area, however there are potential growth in the area of rarely purchase and self-identity and ethical obligation are key drivers to effect the purchasing of fair trade product.
From the statement above, I know Fair Trade when I studied in The UK in 2010 from Bananas and coffee which I always have questions in my mind why people in The UK have to concern about Fair Trade, why buying Fair Trade products is important and can help people. Is it true? Base on the previous academic papers, It makes me have picture clearer that as long as the people earn good income and prosperous. They will think more about society. From my opinion, as Fair Trade product have high price, sometime I could not buy them because the limited budget. This is about my Fair Trade knowledge. I will talk more in the next post.
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