Is Your Chocolate the Result of Unfair Exploitation of...

Case Study #1: Please refer to Mini Case Mini-Case â€Å"Is Your Chocolate the Result of Unfair Exploitation of Child Labor?† 1. Should labor practices in another country be a relevant consideration in international trade? Why or why not? Yes, labor practices in another country should be relevant for consideration in international trade. The reason for concern is labor and social advocates has increased imports from countries in which labor standards are apparently not enforced at an adequately high level. It’s important to have labor restrictions and eliminate unfavorable wages and poor working conditions in the developed importing countries. The low labor cost in developing countries is the result of poorly†¦show more content†¦The set price will make the producers comply with the standard costs and which will be beneficial to the consumer at the end. Businesses will need to follow the standards and pledge that no child will experience slave labor in their work and production of products. If Business does not follow the practices we can boycott the products. Business should be investigate d and held accountable. For the consumer to only purchase fair trade products until the item becomes a fair trade product. As consumers we can look at labels, be more aware of fair trade products. We can talk with our local grocery companies, coffee shops, and look for the fair trade products. 3. How would international trade theorists view the fair-trade movement? Fair trade was supported by people who believed that there were inherent flaws in the capitalistic system and trading system around the world (Handmade Expressions) There are four fair trade labeling organizations developed by FINE, informal association: Fair trade International, World Trade Org, Network of European World shops and European Fair Trade Association (Fair Trade International site). Fair trade is a market reactive system that wants to abolish global inhumane acts from child labor, poor working environments, low wages, and healthy working conditions. Fair Trade does not control the prices at a local level the producersShow MoreRelatedCase Study Illy Cafe3052 Words   |  13 Pagesseveral companies located in North America, France, Germany, Spain and Benelux. Product Illy serves coffee to its customers. They insist on the fact that there are not selling basic coffees but the one which is a result of Scientifics’ research. 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