Flashcards in The Global Coffee Trade (Fairtrade) Deck (22)
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1
how can fairtrade enable community development in LIC nations
alongside the fairtrade minimum, buyers also pay a fairtrade premium - this goes straight to the community to help them develop
can afford education
people can come together in co-operatives so no one benefits more than another
2
the fairtrade premium leads to the .... effect as farmers have more disposable income
multiplier
3
what does fairtrade in NEEs allow consumers to become
more ethical and buy goods in a better way
4
what does kuapa kokoo do
teaches farmers how to farm in more effective ways, also provide more infrastructure and services
allows them to apply for low interest loans when times are hard
5
aims of fair trade
achieve better trading conditions and promote sustainability
6
examples of fair trade goods
coffee, tea, cocoa and bananas
7
fair trade focusses on
trade among individuals
8
fair trade primarily benefits
workers (vulnerable farmers in LICs)
9
criticisms of fair trade
excludes workers not in fair trade agreement
some companies may not have it as it is too expensive
interferes with free market
impact on too small a scale
10
fair trade supply chain
fewer parties
more direct chain
11
key advocate organisation for fair trade
world fair trade organisation
12
how much is the global coffee market worth
$42.5 billion
13
how many producers worldwide rely on the coffee trade
25 million
14
in the US how many cups of coffee are consumed per year
66 billion
15
what percentage of coffee is grown in Columbia
15%
16
the global coffee trade is...
increasing
17
what is relationship coffee
where there is a relationship between the farmer and buyer- consumers know where the coffee was grown and why by (emotional attachment to product)
18
what type of economy is Honduras
a single product economy (reliant on coffee)- interdependence
19
in 2009 what percentage of the world's coffee beans are grown in brazil
33%
20
how many countries across the world grow coffee
49
21
top 5 coffee consuming nations
US
Germany
Japan
Italy
France
22