St.

Anthony’s College
San Jose, Antique
HIGH SCHOOL DEPARTMENT

Activity Sheet – Lesson 2: Core Principles of Fairness, Accountability and Transparency

Week No. 2 Prepared by: Ma. Isabel S. Abellon, CPA

Direction: You can edit this file or you can answer in a 1 whole sheet of paper or a clean bond paper.
Then take a picture of your answer sheet and attached as your work. Submit your group work on or
before January 25, 20201. SAME GROUP AS IN FIRST ACTIVITY

Independent Learning/Home Study

Case Study: Peoples Recovery, Empowerment, and Development Assistance (PREDA)

People's Recovery, Empowerment, and Development Assistance (PREDA) Fair Trade was a not-
for-profit organization working at the national and international levels for the protection of human
rights, especially women's and children's rights. It was founded in 1974 and a year later it started to
engage in fair trade. "Fair Trade" in general, refers to objectives such as: creating opportunities for
economically disadvantaged producers; increasing farming market access, both domestic and export, for
these businesses; and ensuring transparency and accountability, among others. Organizations in the
Philippines started to engage heavily in fair trade in the 1980s, especially due to the sugar and coffee
crises when prices fell sharply, causing unemployment among thousands of Filipinos. In response to the
situation, organizations started to implement structures that alleviated poverty and lessened
dependency on sugar and coffee exports. PREDA works hand in hand with the Philippine chapter of the
World Fair Trade Organization (WFTO) which works for the development of progressive and responsible
fair trade stakeholders in the country, as well as ensures that all member organizations are engaged in
their commitment to the principles and standards of fair trade, such as: providing income and food
security to disadvantaged communities empowering community-based producers; and promoting a
quality and market-driven image of fair trade products.

Guide Questions:
1. What is meant by fairness?
2. How can trade and commerce be fair?
3. To what extent is the lesson about fairness related to PREDAS work of promoting fair trade?
4. In what ways is PREDA promoting fairness?

Answer:

Fairness does not mean that everybody gets what they want. Rather it means that everybody in
the group has an equal opportunity to benefit. Trade and commerce can be fair by ensuring that
producers and sellers acquire and earn the value of what they have worked for. For example,
coffee producers or coffee farmers from poor countries can control the price of coffee depending
on the factors like weather, water supply, etc. They can negotiate prices. On the part of
consumers, trade and commerce would be fair for them by having the government regulate the
prices of commodities. Trade means the buying and selling of goods or services in the market.
Commerce is the buying and selling of commodities, especially of merchandise on a large scale
between different communities, places, or locations, on extended trade or traffic.