Trade

BCP 7 unit 9 Globalisation and the concept of fair trade

Globalisation

Globalisation Supply Chains

Globalisation
It is modern communications that make it possible; for the British service sector to deal with its customers through a call centre in India, or for a sportswear manufacturer to design its products in Europe, make them in south-east Asia and sell them in north America.

Barriers

Free port

Developing Industries

Dumping

Tariffs

Strategic Industries

Restrictions

Quotas

Laisser-faire let (them) do

Liberalise

Customs

Subsidise

Fair Trade
Despite Fair Trades 13-year history many Americans are unaware how many day-to-day items are produced in abusive labor conditions that include sweatshops and child labour. These items include clothing, furniture, and foods such as coffee, chocolate, and sugar. The Fair Trade system helps producers and suppliers earn a living wage and take action to protect the environment. It also helps empower individuals and communities, support womens and childrens rights, promote dignity and respect, and connect developing nations with developed nations and markets.

Normal Coffee

3.50

Fair Trade Coffee

3.80

The Windward Islands Going down!

Bananas are 50% of total export Latin American exporters backed by US banana companies repeatedly petitioned the WTO 1992 supplied 45% of the UK bananas 2009 this was reduced to 9% 27000 to 4000 farmers

The Windward Islands Going up

90% of the remaining farmers are now Fair Trade The farmers managed to cut out the middle men and go straight to the exporters The Farmers Association is now responsible for all the supply chain; helping farmers The premium of $1 per box contributes to health, education and economic activities.

Compare the banana

http://www.tesco.com/groceries/product/searc h/default.aspx?searchBox=bananas&sc_cmp=t escohp_sws-1_bananas

Starbucks
http://www.starbucks.com/