History Of The FTF (Fair Trade Federation)

Since Australia’s first free trade agreement (FTA) with New Zealand in 1983, Bilateral and Multilateral FTA’s have been a great advantage and focus in securing economic prosperity for Australia. Australia’s two-way trade in goods and services was A$616 bn in 2012. Australia has seven FTAs currently in force with New Zealand, Singapore, Thailand, US, Chile, ASEAN (with New Zealand) and Malaysia. Together, these countries account for 28% of Australia’s total trade, which displays the great benefit of bilateral FTAs to the Australian economy. Additionally, there are four bilateral FTA negotiations currently in place, two of which are substantial trading partners; China, being Australia’s largest export market (A$78.7 bn) and Japan, being Australia’s second largest export market (A$49.8 bn). The Japanese Free Trade Agreement has been negotiated, and will be a great benefit to the Australian economy, especially the agricultural sector, for example tariffs on beef

The paper Legal Obligations and the Duty of Fair Trade by, John Rawls states an intellectual connection between law and justice and that following the law for some individuals is fair play. Throughout this paper, Rawls strives to get his point across. There were three influential points that Rawls stated that assisted his argument. John Rawls, first I will begin by proving the fact that following a law does not guarantee that we will be producing overall good. The authors next main point was to make it a clear point that laws are similar to obligations. Lastly, I will discuss his topic on how voting has no promises that you will get a respectable result. I believe that the author presents his argument that laws are made for order and that

There are four fair trade labeling organizations developed by FINE, informal association: Fair trade International, World Trade Org, Network of European World shops and European Fair Trade Association (Fair Trade International site).

The Buying and selling, importing and exporting of goods and services, between two or more countries that have no limits or quotas or barriers or unbalanced tariffs is the dictionary definition for a free trade agreement (FTA). There are both advantages and disadvantages attached to FTA’s which is shown in figure 8.0.

The Federal Trade Commission(FTC) was created in 1914. It was created to ensure that there were no businesses that were anticompetitive; meaning that there wasn’t one company or business that was creating a monopoly. The FTC has three main goals; they are to protect consumers, maintain competition, and advance performance. They protect the consumers by preventing fraud and making sure businesses are fair in the marketplace. They maintain competition by preventing companies from merging together and creating a monopoly. Finally, they advance performance by advancing the FTC’s performance through organizational, personal, and management excellence. The FTC is very beneficial, and although not everybody knows about it, as a consumer it helps with the economy of every American. Throughout the years since it was created, there has been more laws added that help keep businesses

The Fair Trading Act of 1973 lined the way for the business of the OFT, which appropriately opened its doors on 1 November 1973. The legislation was adopted to protect consumers from being deceived or treated incorrectly by traders and to support fair and visible competition across all markets. The Act allowed the Director General of Fair Trading to control possible monopolies, to support competition, to make Orders and to seek assurances. John Methven was appointed as the OFT’s first Director

In the United States, The FTC (federal Trade Commission) has the authority to impose penalty against advertisers whom violate Federal Standards for truthful advertising. The FTC considers a message to be deceptive, if they include statements that are likely to mislead reasonable customers and the statements that are likely to mislead reasonable customers and the statements are an important part of purchasing decision. A failure to include important information are also considered deceptive. Also, the FTC also looks at so-called “implied claims,?” Claims that you don’t explicitly make but that can be inferred from what you do or don’t say.

The Federal Trade Commission is an independent agency of the U.S. government that was established in 1915 and charged with keeping American business competition free and fair. The FTC has no jurisdiction over banks and common carriers, which are under the supervision of other governmental agencies. It has five members, not more than three of whom may be members of the same political party, appointed by the President, with the consent of the Senate, for seven-year terms. The act was part of the program of President Wilson to check the growth of monopoly and preserve competition as an effective regulator of business.

What is the Fair Labor Standards Act? Why was is the Fair Labor Standards Act started? What are the new Fair Labor Standards Act laws? Historically, labor laws were viewed as revolutionary. Today, the general public is not knowledgeable of the recent changes in labor laws.

President Woodrow Wilson was a successful progressive president because of his actions on demanding a stronger antitrust legislation, banking reform, and reduced tariffs. First, President Wilson created the Clayton Antitrust Act of 1914 and the Federal Trade Commission Act of 1914. The Clayton Antitrust Act prohibited corporations from acquiring the stock of another company. Also, the act allowed labor unions and farm organizations. The Federal Trade Commission is an organization that was given the power to investigate violations of regulatory statutes, require periodic reports from corporations, and put an end to a number of unfair business practices. These two antitrust measures was important because it prevented monopoly corporations and

What is the FTC? The FTC stands for Federal Trade Commission. The Federal Trade Commission is an independent federal agency created by Congress in 1914 to help prevent unfair business practices, deception, fair trade practices, and unfair competition. The FTC’s mission is to protect the consumers by enacting laws to ensure that businesses cannot cheat people out of money and keep businesses from being unethical and immoral. The FTC takes complaints about businesses and investigates them for fraud or unfair labor practices every year (Silbersack, 2013).

The Federal Trade Commission (FTC) has been in protecting consumer privacy on the internet by targeting deceptive and unfair trade practices since the act was establish in 1914( Halbert & Ingulli, 2012, p. 253). According to Halbert & Ingulli (2012) the FTC banned

Being an entirely fair trade company means Just Us pays its suppliers from so-called “third world” countries a fair price, including a premium for social welfare, gets into long-term contracts (equal or more then a harvest cycle) with them skipping middlemen who often absorb most of the margin and offers them additional benefits e.g. pre-payment and loans. “The

Fair Trade’s consumer recognition has tripled in the last five years, proving the company’s sustainability in a global market. As of today, this organization works with more than 800 companies to verify more than 6,000 products as Fair Trade. In 2009, Fair Trade Certified products generated $1.2 billion in retail sales, indicating their large-scale business practices.

The World Trade Organization (WTO) is a global organization that helps countries and producers of goods deal fairly and smoothly with conducting their business across international borders. It mainly does this through WTO agreements, which are negotiated and signed by a large majority of the trading nations in the world. The purpose of the WTO is to ensure that global trade commences freely, smoothly and predictably while also aiming to create economic peace and stability in the world through a multilateral system. This is based and applied to member states, currently 162 countries, that have consented and ratified the rules of the WTO in their individual countries. Simply put, these documents act as contracts that provide the legal framework for conducting business among nations, integrating into a country 's domestic legal system, therefore, applying to local companies and nationals in the conduct of business internationally. For instance, if a company were to open an office or business in a foreign country, the rules of the WTO dictates how that can be done.1