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Who benefit from free trade?

both buyers and sellers.


Does fair trade benefit retailers more than LEDCs?

why is fair trade good for LEDCs


Why would selling fair trade products benefit a local shop?

because it is fair


How does voluntary trade benefit The buyers and sellers in Australia?

I don't know and I don't care!


Who benefits from voluntary trade?

Voluntary trade describes a market where buyers and sellers have the right to sell and buy by their own preference or refuse to if they so choose. Both buyers and sellers benefit from this type of trade.


What do shop owners benefit from fair trade?

they gain sales


What countries benefit from fair trade?

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


How fair is fairtrade?

fair trade is fair and not so fair because not all farmers in Africa benefit having money to look after their families


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.


How many fair trade farmers are there in Ghana?

As of the latest available data, there are approximately 70,000 fair trade farmers in Ghana, primarily involved in the cocoa and coffee industries. These farmers benefit from fair trade practices that promote sustainable farming, fair wages, and community development. The fair trade movement continues to grow in the country, supporting both smallholder farmers and larger cooperatives.


Who will benefit fair trade?

Fair trade benefits various stakeholders, primarily farmers and producers in developing countries by ensuring they receive fair prices for their goods, which helps improve their livelihoods and community development. Consumers also benefit by gaining access to ethically sourced products and supporting sustainable practices. Additionally, businesses that engage in fair trade can enhance their brand reputation and attract socially conscious customers. Overall, fair trade promotes equitable economic relationships and fosters sustainable development.


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.