answersLogoWhite

0

Part of Asia Europe Africa Latin America south America

User Avatar

Wiki User

13y ago

What else can I help you with?

Continue Learning about Economics

What countries benefit from fair trade?

The trade fair benefits the LEDCs because they provide us with raw materials at very cheap rates.


Which countries don't benefit from fair trade?

Countries that don't benefit from fair trade often include those with weak labor protections, poor governance, and limited market access, such as some nations in sub-Saharan Africa and parts of Southeast Asia. These regions may lack the infrastructure or support systems to participate in fair trade networks, resulting in farmers and workers receiving lower prices for their goods. Additionally, economic instability and corruption can hinder the establishment of fair trade practices. Consequently, many producers in these countries remain marginalized in global trade.


What do farmers benefit fom fair trade?

Farmer benefit from fair trade since they can receive more payment for a better quality of goods. Fair Trade promises farmer better wages for their production of goods. This benefits farmers in poor, developing countries. This way farmers get more pay for goods. Now farmers can support their family.


Does fair trade benefit retailers more than LEDCs?

why is fair trade good for LEDCs


Which country does fair-trade help most?

Fair trade primarily helps developing countries, particularly those in Africa, Latin America, and parts of Asia. By providing fair wages, better working conditions, and access to international markets, fair trade initiatives support small-scale farmers and artisans. Countries like Ethiopia, Kenya, and Guatemala benefit significantly from fair trade practices, as they experience improved livelihoods and community development. Overall, fair trade aims to empower marginalized producers globally.

Related Questions

What countries benefit from fair trade?

The trade fair benefits the LEDCs because they provide us with raw materials at very cheap rates.


Does fair trade benefit retailers more than LEDCs?

why is fair trade good for LEDCs


What do farmers benefit fom fair trade?

Farmer benefit from fair trade since they can receive more payment for a better quality of goods. Fair Trade promises farmer better wages for their production of goods. This benefits farmers in poor, developing countries. This way farmers get more pay for goods. Now farmers can support their family.


Which country does fair-trade help most?

Fair trade primarily helps developing countries, particularly those in Africa, Latin America, and parts of Asia. By providing fair wages, better working conditions, and access to international markets, fair trade initiatives support small-scale farmers and artisans. Countries like Ethiopia, Kenya, and Guatemala benefit significantly from fair trade practices, as they experience improved livelihoods and community development. Overall, fair trade aims to empower marginalized producers globally.


How does fair trade benefit poorer countries?

Fair trade aims to guarantee the growers and pickers of produce a fair price for the work they've done. Prior to the scheme's introduction, 3rd world farmers could be paid literally peanuts for vast amounts of produce.


What does fair trade do?

fair trade aims to ensure that producers in poor countries get a fair deal for the food what they have grown


What does fair trade?

fair trade aims to ensure that producers in poor countries get a fair deal for the food what they have grown


What is Fair Trade between countries?

Fair trade helps developing countries by providing opportunities for development to small companies and poor workers. Fair trade influenced the international trading system.


Why would selling fair trade products benefit a local shop?

because it is fair


How can fair trade help less developed countries?

Fair trade can help less developed countries by allowing them to trade easier with more advanced countries such as the United States. When they are able to trade their goods with richer countries, it helps their economy.


What do shop owners benefit from fair trade?

they gain sales


What do fair trade farmers do?

Farmer benefit from fair trade since they can receive more payment for a better quality of goods. Fair Trade promises farmer better wages for their production of goods. This benefits farmers in poor, developing countries. This way farmers get more pay for goods. Now farmers can support their family.