Debate: Fair trade

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Is "fair trade" good for the world? What are the pros and cons?

Background and context

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Yes

• Perfect competition on Wikipedia: Price floor. Perfectly competitive industries do not have any price control, and all the farms bring other farms prices down, and in the long run, everybody loses, and the standard of living will decrease. Fair trade acts as a price floor, making sure the prices do not get too low.

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No

Some fair trade farms have been found to have worse conditions than other ones. This is because although they get paid more per pound of the item, they sell less at some farms.

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Yes

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No

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Yes

• Fair Trade Foundation

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No

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See also

External links