Is fair trade right

Answer 1

In the most basic sense, yes, because fair trade is buying goods at above market prices with the explicit purpose of providing the sellers of goods with more money so they will be able to live in better conditions.

Answer 2

The Fairtrade Foundation is a charity based.. in the United Kingdom that works to empower disadvantaged producers in developing countries by tackling injustice in conventional trade, in particular by promoting and licensing the Fairtrade Mark, a guarantee that products retailed in the UK have been produced in accordance with internationally agreed Fairtrade standards.[1] The Foundation is the British member of FLO International, which unites 23 Fairtrade producer and labelling initiatives across Europe, Asia, Latin America, North America, Africa, Australia and New Zealand.[1]

ObjectivesThe organization, registered as a charity, exists to improve the position of poor and marginalised producers in the developing world, by encouraging industry and consumers in the United Kingdom to support fairer trade.[2]

The Foundation aims to achieve its goals by:

• Awarding a consumer guarantee-the Fairtrade Mark-to products which meet their standards of a superior deal to producers in the developing world. In collaboration with FLO International and FLO-CERT, the Fairtrade foundation checks, through regular inspection and audit, that products with the Fairtrade Mark continue to meet Fairtrade standards.
• Promoting research into and education about the causes and effects of poverty, particularly in relation to the conduct of trade and conditions of employment for poor people throughout the world.