Evolving Trade Policy: The Benefits of 'Fair Trade' Over 'Free Trade'

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Trade Policy is a crucial part of our society in the United States, along with many others across the globe, that greatly depend on the profits and materials accessible due to the transfer of goods, ideas, and other materials between countries. Currently the trade policy that seems to dominate the trade market is ‘Free Trade’ which tends to leave the larger, wealthier counties with the most benefits while the developing countries are struggling to compete due to the lack of materials and workspace. Gradually withdrawing from Free Trade and expanding the Fair Trade movement that has sparked up would ultimately provide all people with equal advantages. This policy would put workers and the environment first and would be focused on dealing …show more content…
This acts as a safety net for farmers at times when world markets fall below a sustainable level. Without this, farmers are completely at the mercy of the market. Those who possess environmentally sustainable practice (farming techniques) would be rewarded and the profits obtained would be reinvested back into the local community. Knowing these benefits, industries around the world have already switched over to Fair Trade and the numbers are continuing to grow. There are now 746 Fair Trade certified producer organizations in 58 producing countries representing over 1 million farmers and workers (Fairtrade Labeling Organizations International). The FLO estimates that 5 million people already directly benefit from Fair Trade those of which include the farming communities throughout the developing world, now benefit from fairer terms of trade. Unlike before, when under the Free Trade policy, the larger and more established farms would receive the huge subsidies per year. While the smaller farms, who needed the money most, would be given a diminutive subsidy which often led the agriculturist to selling their business and acres of land to survive. Robert Alan, a social activist, said, “The Fair Trade movement is growing as people realize that they can help alleviate poverty and protect the environment by choosing Fair Trade products.” This statement seems to hold true because sales of Fair Trade products grew by

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