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Fair trade is something for our 3rd world. When you buy something like fair trade chocolate the poor people who make the cocoa beans are guaranteed the same good money every time. So the poor people never go too hungry if the price of cocoa beans dropped because they will be payed the same.

Generally world trade is just the world trading. Like we cannot grow grapes so France would grow them and we will trade with France and other countrys for other objects for something that we grow or our money.

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Q: Difference between world trade and fair trade?
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The main difference seems to be that using the term fair trade usually implies recognition by a monitoring organisation such as IFAT (the global network of Fair Trade Organizations) or BAFTS (British Association for Fair Trade Shops), whereas fairly traded can be applied to any trading that follows the principles of fair trade.As an example, a shop may sell fair trade goods that are sourced from an organisation that is an IFAT member, but if they deal directly and ethically with a disadvantaged craftsperson (adhering to the principles of fair trade) who is not in a position to have fair trade recognition, those products would be more likely to be described as fairly traded.You can find out about the principles of fair trade on the IFAT website.


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