The essay on fair trading was concluded last week 20th of October but I have only just got the opportunity to update the information my team and I researched on Fairtrading. My team and I found out a number of arguments for and against the issue of whether the concept of fairtrade is indeed fair. Arguments in support of fairtrading included: the promotion of economic stability due to the farmers been guaranteed a minimum wage irrespective of how well the economy is doing. One of the main argument against was that fairtrade goods are usually overpriced, which when you think about it, seems like a logical argunments. For example, a jar of fairtrade coffee beans cost twice as much as a jar made locally.
The research methods we used were through Westlaw, Heinonline and LexisNexis. Although, Westlaw does not seem to have a full analysis of some cases, so we had to use Heinonline and LexisNexis for any piece of information we could not find on westlaw.
The conclusion reached on the essay was left open as to whatever perspective the reader chose to agree with as both sides of the arguments were both compelling.
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