In the “Exploring globalization” textbook (page 52), the topic is the “Banana wars”.
The banana wars was a six year trade battle between the US and the EU. The US complained that the EU broke free trade rules by giving the smaller banana companies special access to European markets, through removing tariffs.
The page mentions, “the transnationals protested the european policy, saying that it was unfair”. I believe that it is fair, though it is not equal. Fairness also known as equity, ensures everyone gets access to the same opportunities. That is exactly what the tariff rules are doing. By removing the tariffs from smaller caribbean businesses help them compete with the larger companies by staying affordable.
Larger latin american companies can stay affordable because they are grown on a larger scale. …show more content…
I believe that a topic that should have been touched but wasn't is fair trade bananas. Fair trade is trade where fair prices are paid to banana producers in developing countries. By buying fair trade bananas we can make a big difference to producers in developing countries. “To them, getting a guaranteed fair price for their goods could mean being able to send their children to school. Or putting them on the path out of poverty” said the charity's spokeswoman Amy
The banana wars was a six year trade battle between the US and the EU. The US complained that the EU broke free trade rules by giving the smaller banana companies special access to European markets, through removing tariffs.
The page mentions, “the transnationals protested the european policy, saying that it was unfair”. I believe that it is fair, though it is not equal. Fairness also known as equity, ensures everyone gets access to the same opportunities. That is exactly what the tariff rules are doing. By removing the tariffs from smaller caribbean businesses help them compete with the larger companies by staying affordable.
Larger latin american companies can stay affordable because they are grown on a larger scale. …show more content…
I believe that a topic that should have been touched but wasn't is fair trade bananas. Fair trade is trade where fair prices are paid to banana producers in developing countries. By buying fair trade bananas we can make a big difference to producers in developing countries. “To them, getting a guaranteed fair price for their goods could mean being able to send their children to school. Or putting them on the path out of poverty” said the charity's spokeswoman Amy