How does a fair-trade product differ from an otherwise, Ask an Expert

Economics

How does a fair-trade product differ from an otherwise identical imported good? What is the purported benefit of fair-trade certification on purchases of goods such as chocolate, coffee, bananas, and tea? Do fairtrade goods improve average wages or incomes in low- income nations? Why or why not?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9495617

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