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Fair trade: Difference between revisions
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===General definition of fair trade=== | |||
'''Fair trade''' means that the producer of the [[product]] gets a reasonable compensation, that is over the world market price, for her/his work. | |||
The fair trade compensation scheme tries to guarantee a compensation which (roughly in order of importance): | |||
* covers production costs | |||
* is enough for sustained living | |||
* contains a premium to enable investments | |||
* is guaranteed over a long period of time, thus providing for economic security and the possibility of planning ahead | |||
===Future fair trade=== | |||
There are plans to introduce fair trade [[cotton]] and [[textile]]s in [[2005]]. | |||
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===Fair Trade and [[Consumerium]]=== | |||
*'''[[Fairly traded]]''' is a [[feature]] of a [[product]]. | |||
*'''[[Partially Fairly Traded]]''' is a [[feature]] of a [[product]], meaning that some raw-materials or parts of the product are fairly traded. (eg. In [[restaurant]] meals) | |||
*'''[[Partially Fair Trading]]''' is a [[feature]] of a [[company]], meaning that some part of the company's business deals with fairly traded products. | |||
*'''[[Fully Fair Trading]]''' is a [[feature]] of a [[company]], meaning that the company deals only in fairly traded goods. | |||
* [[FLO]] defines and audits the "fair trade"-labels and [[consumerium]] provides additional information (not present on the [[packaging]] at the moment) on how long the [[Point-of-Production]] and [[trader]]s have been certified by FLO. This can be used to assess companies if the consumer wants to reward companies for taking risk in entering the Fair trade field early on. Also current and past breaches of [[fair trade regulations]] shall be stored and displayed if wanted by consumer. | |||
===See also:=== | |||
* [[FLO]] - Fairtrade Labelling Organizations International | |||
* [[Fairtrade On Demand]] for the possible concept model | |||
* [[w:fair trade]] for more information. | |||