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How are producers beneficiaries of fair trade? -

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Question

How are producers beneficiaries of fair trade?

Short Note

Solution

For producers, fair trade is unique in offering four important benefits.

  1. Stable prices that cover the costs of sustainable production.
  2. Market access enables buyers to trade with producers who would otherwise be excluded from the market.
  3. Partnerships (producers are involved) in decisions that affect their future.
shaalaa.com
Fair Trade Practices and World Trade Organization
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