adidas yeezy 750 boost light grey gum release date pharrell x adidas nmd human race adidas ultra boost uncaged red adidas ultra boost uncaged red adidas ultra boost uncaged releases tomorrow adidas ultra boost uncaged scarlet red adidas ultra boost uncaged black multicolor adidas wmns ultra boost uncaged black multicolor adidas ultra boost uncaged black multicolor adidas ultra boost uncaged black multicolor another adidas ultra boost uncaged multi color was made just for women adidas ultra boost uncaged multi color release date info adidas ultra boost uncaged multi color now available kids sizing adidas ultra boost uncaged multi color first look adidas ultra boost uncaged multicolor coming soon womens adidas ultra boost uncaged multi color adidas ultra boost uncaged multi color womens adidas ultra boost uncaged silver pack release date info adidas ultra boost uncaged metallic silver adidas ultra boost uncaged metallic silver
adidas yeezy boost 350 v2 beluga store listing adidas yeezy boost 350 v2 beluga more new images adidas yeezy boost 350 v2 beluga additional imagery adidas yeezy boost 350 2 0 beluga adidas yeezy 350 boost v2 beluga real fake unauthorized adidas yeezy boost 350 v2 beluga adidas yeezy boost 350 v2 beluga solar red adidas yeezy boost 350 v2 restock info adidas yeezy boost 350 v2 beluga solar red release info yeezy boost 350 v2 black white adidas confirmed yeezy boost 350 v2 black white release info where to buy yeezy boost 350 v2 black white buy adidas yeezy boost 350 v2 black white online adidas yeezy boost 350 v2 black white official images adidas yeezy boost 350 v2 core blackred adidas yeezy boost 350 v2 blackred releases next month adidas yeezy boost 350 v2 black red bred release date adidas yeezy boost 350 v2 black red adidas yeezy boost 350 v2 black red where to buy adidas yeezy boost 350 v2 black red new images
9
Mar

What Is the Difference Between Free Trade & Fair Trade?

   Posted by: admin   in

What Is the Difference Between Free Trade & Fair Trade?

By Nicholas B. Sisson,

The growth of the global economy has brought attention to the nature of international trade where its economic and ethical implications are concerned. The late 20th century witnessed worldwide efforts to remove obstructions to trade (tariffs and volume constraints, for example) as part of a movement called free trade. The fair trade movement emphasizes an organic approach to international exchange centered on equity, cooperation, and the protection of foreign workers and the environment, rather than pure profit.

Traditional Trading Practices
Stretching back to antiquity, the peoples of the world have engaged in trade relations in order to satisfy needs and wants on the basis of comparative production capabilities. Driven by greed and or a desire to protect domestic industry, national governments imposed, and continue to impose, special taxes on imported goods and services. Called tariffs and duties, these taxes artificially raise the prices of imported goods and services for consumers. As the national economies of the world became increasingly interconnected by the 1990s, it was apparent that such taxes were hindering economic efficiency and global well-being.
Free Trade and GATT
The international shift toward free trade was characterized by the reduction and gradual removal of tariffs and duties imposed at the national level. Free trade grew out of the conviction that the need to protect domestic industry had become obsolete due to the reciprocal marketability of domestic goods abroad (exports). In 1995, the U.N. passed the General Agreement on Tariffs and Trade (GATT), in which member nations agreed to conform to a set of trade rules designed to increase economic well-being through the reduction of import taxes.
Fair Trade
The fair trade movement addresses the economic and environmental exploitation that frequently, or even unknowingly, occurs as a result of cost-cutting measures sought by large companies through the employment of foreign labor. To this extent, fair trade seeks the economic well-being of all parties involved in an international transaction as well as environmentally-friendly production methods.
Human Factor
Many companies now engage in and promote fair trade practices through direct relationships with foreign producers that address the company’s and consumers’ ethical considerations. These relationships are intended to ensure that the foreign producer’s production process and work environment meet health and safety criteria, while ensuring that employees are fairly compensated for their time and labor. This frequently involves visiting foreign production facilities and negotiating directly with managers and workers.
Fair Trade and Free Trade Relationship
The distinction between free trade and fair trade does not render them mutually exclusive or unable to co-exist. The reduction or elimination of tariffs and duties (free trade) places less pressure on importers to keep costs low. In turn, importers have more margin to consider the human and environmental aspects of foreign producers (fair trade). Fair trade practices combined with an environment of free trade fosters not only global efficiency, but also transparency, national economic well-being, respect for dignity and workers’ rights and heightened environmental concerns.

Read more: What Is the Difference Between Free Trade & Fair Trade? | eHow.com http://www.ehow.com/info_8035730_difference-between-trade-fair-trade.html#ixzz1G81wH2LY

 

Jewelry that is made as part of a social-enterprise effort;
<<<<< SUBSCRIBE NOW
of real benefit to artisan producer group
and community
.

This is Fair Trade Jewelry.

Be Sociable, Share!
adidas nmd r2 primeknit triple black another look adidas nmd xr1 winter adidas originals release nmd xr1 winter colorways december adidas nmd xr1 adidas nmd xr1 winter adidas nmd r1 raw pink pack release date adidas nmd r1 raw pink pack release info adidas wmns nmd r1 primeknit raw pink release date adidas wmns nmd r1 primeknit raw pink pack now available adidas nmd r1 raw pink pack release date adidas nmd r1 tactile green release date adidas nmd r1 black blue tab adidas nmd r1 black boost blue adidas nmd r1 tactile green womens release date cg3601 adidas nmd r1 tactile green release date cg3601 adidas nmd r1 tactile green release date pharrell multicolor adidas nmd hu quiet please event nyc pharrell adidas nmd hu multicolor pharrell adidas nmd hu multicolor adidas tennis hu