the banana wars Flashcards
when did the EU create the single market?
in 1992
through the creation of the EU single market what did this mean in terms of trading?
that all members of the bloc must agree on getting produce from the same producer
where did the UK get most of its bananas from and why?
from the carribean islands
colonial past
what company did bananas flow from carribean to the uk?
the Geest company
who were the producers in the carribean?
small independant farmers who’s major source of income came from the export to uk
who is the largest consumer of bananas?
the EU
where did the EU import its bananas from?
from latin american plantations owned by multinational companies such as chiquta and del monte
what did chiquita and del monte do to the workers and environment?
payed workers the bare minimum for long hours
used chemical and pesticides with no regard to deformation in population or environment
made massive profits whilst leaving workers poor
why was there a dispute between UK and EU?
due to being a single market and the fact that they could not have any special relations outside the EU for trade purposes
why do EU purchase from MNC?
they are the cheapest
what did the UK and EU decide in 1993?
made a solution
that they would buy the cheapest bananas from the MNCs but also from the carribean islands and africa
(controlled by quotas)
due to UKs and EU 1993 decision what did chiquita do?
they believed that this was an unfair trade agreement due to the fact that their bananas were the cheapest but were not being bought in large quantities
began talking to the US governemnts
why did the US government back the MNCs?
because their was less income coming in the country as less bananas being bought
what did the US govvernemnt do in retaliation?
they put large import taxes on product from Europe such as scotch whisky and cheese
also connected the WTO
what did they WTO do about the dispute?
said that trade and disrimination of products should not be based on social or environmental grounds but solely on economical (cheapest price/