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Infrastructure improvements, such as upgrades to transportation networks including highways, railroads, and ports, have significantly enhanced trade in the Midwest. Investments in logistics facilities and technology have streamlined supply chains and reduced shipping times. Additionally, initiatives to enhance connectivity with international markets, such as trade partnerships and export promotion programs, have further bolstered the region's trade capabilities. These developments collectively foster a more efficient and competitive trading environment for Midwest businesses.

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3w ago

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How does fair trade help sustainable development?

fair trade helps sustainable development by giving the poor people much more money


Explain the role of accounting in economic development of a country?

It help improve the transparency, comparability and accountability of financial reporting.


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The IMF or International Monetary Fund, is in favor of policies that help trade relations between countries. Their main goal is to improve trade relations and help to make the monetary units equal in value for exports and imports.


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Fair-trade gives a fair price for the farmers who grow the cocoa, this is so they can have enough to live on (inputs for their farms, school fees, medicine, doctor's fees, transport and clothes, ect.) plus a profit to spend or save. In some cases, money from fair-trade is used for development projects in developing countries. Most cocoa growing countries are mostly in less economically developed countries so they would need more help for development which fair-trade can provide to them.


How would fair trade help workers in ledcs?

Fair trade helps workers in Less Economically Developed Countries (LEDCs) by ensuring they receive fair wages and better working conditions, which can significantly improve their quality of life. It promotes sustainable practices and empowers communities by providing access to markets and financial resources. Additionally, fair trade initiatives often support education and health programs, further contributing to long-term development and economic stability for these workers. Ultimately, fair trade fosters a more equitable global trading system that prioritizes the welfare of producers.

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