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Fair trade, by this definition, is a trading partnership based on dialogue, transparency and respect, that seeks greater equity in international trade. Fair trade organizations, backed by consumers, support producers, raise awareness and campaign for changes in the rules and practice of conventional international trade. [3]
An investigation into the limits of Fair Trade as a development tool and the risk of clean-washing, HEI Working Papers, vol. 6, Geneva: Economics Section, Graduate Institute of International Studies, October. Mohan, S. (2010), Fair Trade Without the Froth – a dispassionate economic analysis of 'Fair Trade', London: Institute of Economic Affairs.
Long title: An Act to provide for the appointment of a Director General of Fair Trading and of a Consumer Protection Advisory Committee, and to confer on the Director General and the Committee so appointed, on the Secretary of State, on the Restrictive Practices Court and on certain other courts new functions for the protection of consumers; to make provision, in substitution for the ...
A fair trade law was a statute in any of various states of the United States that permitted manufacturers the right to specify the minimum retail price of a commodity, a practice known as "price maintenance". Such laws first appeared in 1931 during the Great Depression in the state of California. They were ostensibly intended to protect small ...
In many countries "fair trade" is used as well as or instead of "trade justice". The global institutions that are most often targeted in trade justice campaigns against the alleged injustices of the current international trade system are the World Trade Organization (WTO), the International Monetary Fund (IMF) and the World Bank (WB ...
A fair trade certification is a product certification within the market-based movement of fair trade. The most widely used fair trade certification is FLO International 's, the International Fairtrade Certification Mark , used in Europe , Africa , Asia , Australia and New Zealand .
WFTO Fair Trade Organization Mark. The World Fair Trade Organization (WFTO) claims to be the global community and verifier of enterprises that fully practice fair trade. [1] It is an association of small and medium sized enterprises (SMEs), farmers or retailers that claim to fully practice the 10 Principles of Fair Trade.
It reported that "The FT was also handed evidence of at least one coffee association that received fair trade certification despite illegally growing some 20 per cent of its coffee in protected national forest land. [20] A lot of volunteers do unpaid work for firms, or market fair trade in schools, universities, local governments or parliament.