Fair trade and trade Flashcards
Where does the best coffee come from?
The bean belt
Where are the best coffee growing countries located?
Between the tropics
Name 8 of the best coffee growing countries?
1.Papua
2.Brazil
3.Sumatra
4.Hondruas
5.Peru
6.Guatemala
7.Columbia
8.Ethiopia
Where are coffee crops bought by TNCs?
Commodity exchange
Why is the price of coffee changing in the market?
Demand and supply
What is fair trade?
It is a tool for development and is a strategy aimed at ending poverty in LEDCs.
What are the benefits of fair trade to the farmers?
Their quality of life should improve, as well as the long term prospects for their children.
What is trade?
It is the buying and selling of goods between countries.
Why does trade occur?
It occurs because no country is rich enough in raw materials and manufactured goods to be self-sufficient.
What is a commodity?
They are basic goods used everyday and includes things like oil, coffee and bananas.
Why is trade unfair on LEDCs?
LEDCs rely on exporting raw materials which are worth much less money than manufactured goods.
Examples of commodities
Copper, iron ore, gold, aluminium ore and pearls
Examples of cash crops
Oil, spices, fruit, coffee, cocoa
Examples of manufactured goods
Cars, aircraft, computers, paper and furniture
Biodiversity meaning
All the different kinds of life you will find in one area. (That is being lost due to deforestation).
