‘Fair Trade’ Gets In-Depth Scrutiny
Mohan concludes by making the case that free trade is a far better development policy for the world’s poor. By extending the market and bringing capital investment to third world nations, free trade increases production, leading to higher living standards. Fair trade does little or nothing to speed up economic development; by interfering with the decisions of farmers, it might impede it. Fair Trade Without the Froth will make consumers think twice before they plunk down extra money for fair trade goods.