Ano Ang Pagkakaiba Ng Free Trade At Fair Trade

Ano ang pagkakaiba ng Free Trade at fair trade

 

Fair trade places restrictions on farmers and producers. It forces them to pay minimum wages, adopt safe working conditions and pay lip service to planetary protection.

Free trade removes all boundaries for all parties. It affords unfettered international export and import, free from taxes, tariffs, worker protections or pesky minimum wages.

Globally: fair trade makes things more expensive, free trade makes things cheaper; fair trade means workers earn more, free trade means workers earn less. So while free does mean cheap, it also means we earn collectively less money with which to buy all that cheap stuff.


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