Monday, July 16, 2012
The criteria for what constitutes fair trade varies according to different organizations and individuals; however, the general concept centers around the exchange of goods under conditions that are both economically and socially just for all parties involved.  Free trade, on the other hand, is an agreement between two (or more) countries wherein their governments agree not to interfere with the import or export of goods by applying tariffs, subsidies or quotas. 

While some will argue that free trade is the gateway to economic growth, in my opinion, this is not always the case for developing nations because their sectors are challenged to compete with the influx of foreign goods.  Even in situations where a country’s GDP rises due to a free trade agreement, it does not necessarily equate to a reduction in poverty at the individual level.  This is a very complex topic but the main point I’m attempting to make is that free trade generally stands to benefit the interests of multinational corporations much more so than the interests of the people who actually live in developing nations.   

This is why at StylishOrganicFamilyLiving.com we aim to support businesses that adhere to the principles of fair trade.  Take, for example, Revy Direct: a company that specializes in fair trade accessories made by artisans who live and work in El Salvador.  

Revy provides their valued artisans with fair wages and long-term job security as well as transparency by sharing costs and pricing.  The end result is a series of beautifully-crafted women’s accessories (including jewelry) made from natural products such as clay, bamboo, coconut shells and a variety of seeds. 




To learn more about the principles of fair trade, please visit the Fair Trade Resources Network site at http://www.fairtraderesource.org

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