Fair Trade & Liberalisation - ECONOMIC INTERACTION Flashcards

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1
Q

What are 4 goals of fair trade?

A

Environmental sustainability
Good working conditions & pay
No forced child labour
Trade Unions recognised

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2
Q

What is trade liberalisation?

A

A neoliberal movement that wants to open ALL world markets to free trade and market forces.

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3
Q

What is the main reason trade isn’t doing well?

A

Protectionism

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4
Q

What is protectionism?

A

Protecting your countries companies by giving them money.

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