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Can free trade be fair trade?

Authors :
Vander Weyer, Martin
Elliott, Dominic
Thompson, Christopher
Source :
New Statesman. 2/28/2005, Vol. 134 Issue 4729, p22-25. 4p. 4 Color Photographs, 1 Chart.
Publication Year :
2005

Abstract

Offers a look at the moral and ethical aspects of fair trade versus free trade. Criticisms brought against free trade by anti-globalization protesters and fair trade campaigners; View of various capitalists that international trade without the interference of tariffs, subsidies and price controls is the most efficient way of matching global supply to demand while making all participants richer; Reference to the book "The Truth About Markets," by John Kay; Reference to the book "Eat the Rich," by P. J. O'Rourke; View of United States President George W. Bush regarding free trade; Discussion of the exploitation of labor in poor countries to produce consumer goods for export to rich countries; Reference to the book "Why Globalization Works," by Martin Wolf; Suggestion that developing countries gain more in terms of social progress and the eradication of poverty when they engage in international trade.

Details

Language :
English
ISSN :
13647431
Volume :
134
Issue :
4729
Database :
Academic Search Index
Journal :
New Statesman
Publication Type :
Periodical
Accession number :
16221684