Banana Flashcards
What is fair trade?
Social movement whose goal is to help producers in LDEs achieve better trading conditions
What does fair trade focus on?
Agricultural industry
What do fair trade supporters argue?
That those producing the items don’t get a deal from the organisations they supply to
What do the individual suppliers have?
Little market influence
What does the fair trade movement advocate for?
The payment of higher prices to producers aswell as helping socially and environmentally
What is free trade’s 3 aims?
To increase nations economic growth
Trade policies between countries
Multi national corporations
What is monoculture farming?
A form of agriculture that is based on growing only one type of a crop at one time on a specific field
What does trade create?
Social, economic, political and environment issues worldwide
Why are bananas essential in countries like Ecuador?
Essential source of income and employment for many households
What percentage of Ecuador’s exports in value terms is bananas?
10%
How is banana production controlled in the Caribbean?
By TNCs and more by small-medium growers on family farms
When did the banana dispute start?
1975
Why did the banana dispute start?
When EU countries negotiated a trade agreement with former colonies
What are 3 environmental impacts on growing bananas?
Reduction in biodiversity
Waste - 1 tonne of bananas equals 2 tonnes in waste
Reduction in soil fertility due to chemicals
How much in the UK of bananas are classed as Fairtrade?
25%