How does a fair-trade product differ from an otherwise identical imported good? What is the purported benefit

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How does a fair-trade product differ from an otherwise identical imported good? What is the purported benefit of fair-trade certification on purchases of goods such as chocolate, coffee, bananas, and tea? Do fair-trade goods improve average wage and level of income in low-income nations? Why or why not?

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Economics

ISBN: 978-0073375694

18th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

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