Effective and economically efficient trading mechanism

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Compare and contrast free and fair trade. After reading the case study “Fair Trade Coffee: The Mainstream Debate,” answer the following questions:

What are the similarities and differences in free versus fair trade arrangements? How are these reflected in the actual prices of coffee?

Are fair trade principles both an effective and economically efficient trading mechanism?

Is fair trade coffee sustainable for the mass market, or is it a niche product for the socially conscious and well off?

How does the Ignition value of “cura personalise” or "care for the person" relate to the debate about free vs. fair trade? (Recall that “cura personalise” implies having concern and care for the personal development of the whole person. This implies a dedication to promoting human dignity and care for the mind, body and spirit of the person.)

Based on all the information in the course, synthesize and propose a sustainable solution to the problem of low prices for coffee producers.

Reference no: EM13853904

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