Does Fair Trade Help?


Fair trade is a popular movement in wealthy nations. But the next time you pay a premium for fair trade coffee, ask whether your purchase will really help workers in poor countries — as fair trade products claim to do. As this video explains, there is a lack of strong evidence that fair trade has a positive impact on living standards in poor countries. We look at fair trade using the economic concepts of secondary consequences and the distinction between the seen and unseen.

international Trade course: http://mruniversity.com/courses/international-trade

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Next video: http://mruniversity.com/courses/international-trade/who-supports-free-trade

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