Fair Trade: A Mutually Beneficial System Essay

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Fair Trade is a trading partnership that seeks greater equity in international trade by maximizing the benefits of the stakeholders involved (“WFTO”). Nearly all (93%) of the Starbucks Coffee Company coffee was ethically sourced through Coffee and Farmer Equity (C.A.F.E.) practices, which include the fair trade system (“Responsibly Grown”). In January 2013, more than 1.2 billion profits from the sale of Kit Kats supported over 7,000 fair trade cocoa farmers through the Nestlé Cocoa Plan (“Kit Kat”). Fair trade products not only prevail in Hong Kong, but also around the globe like in America, Canada, England, and Australia. What makes fair trade products distinct from others is their meaningful impact on both their producers and consumers. …show more content…
The more money producers have, the greater their purchasing power. They will have comparatively higher financial ability to buy daily necessities, thus enhancing their living quality. Some people argue that fair trade fails in achieving fairness, as all parties involved in it earn more. For instance, in addition to producers, middlemen who specialize in performing operations or rendering services that are directly involved in the purchase and sale of goods in the process of their flow from producer to final buyer of the fair trade system and fair trade products retailers are largely benefited from the system (Koschnick). However, instead of causing unfairness, the mutually benefited situation is the most vital contributor to the success of the fair trade system, as it provides stakeholders with profit motive and drives them to endeavor to keep the system sustainable. Accordingly, producers can continue enjoying the fruits of fair trade. There is a saying that goes, “Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for the rest of his life” (Teaching Quotes). Not only does the fair trade system assist producers in the short term by directly enhancing their income, but in the long term with sustainable measures as well. The Asociación de Pequeños Productores de Talamanca (APPTA), a non-governmental organization that helps farmers in the Talamanca

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