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delete Marxist rhetoric.
'''Fair trade''' is a business and social movement whereby a producer in a [[developing country]] is paid at a rate higher than the generally prevailing market price for their goods. This is generally done because many producers of goods like [[coffee]], [[tea]] and [[chocolate]] do not receive living wages for their work.
'''Fair trade''' is a business and social movement whereby a producer in a [[developing country]] is paid at a rate higher than the generally prevailing market price for their goods. Generally producers of goods like [[coffee]], [[tea]] and [[chocolate]] benefit.
While well intentioned, Fair Trade well may encourage overproduction of certain commodities. As a low price normally means supply is outstripping demand, such overproduction may well exacerbate the condition that FT is trying to correct.
While well intentioned, Fair Trade well may encourage overproduction of certain commodities. As a low price normally means supply is outstripping demand, such overproduction may well exacerbate the condition that FT is trying to correct.