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Fair trade

1. About business Fair trade or free trade

2

1. 
   Fair trade products make rich consumers feel guilty. N
   
2. 
   Free trade would help the poorest farmers more than fair trade. Y
   
3. 
   Fair trade products are low quality. N
   
4. 
   Fair trade farmers are forced to modernize their production methods. N
   
5. 
   Big coffee chains force farmers to reduce their prices. N
   

3

1. 
   a minimum price to producers
   
2. 
   to relieve their guilt
   
3. 
   an artificially high price
   
4. 
   because they can invest in quality
   
5. 
   mechanization and modernization
   
6. 
   they appreciate coffee as a premium product; they drink less instant coffee
   
7. 
   those who respond to the demands of the market
   

4

1. 
   economic illiteracy
   
2. 
   kicks away the ladder from the poorest producers
   
3. 
   wave a magic wand
   
4. 
   a romantic view of peasant farmers toiling in the fields day in day out
   
5. 
   locking them into poverty
   
6. 
   superheroes of the coffee market
   

5

fair trade lets small farmers make a living

fair trade avoids the danger of unbalanced economies by spreading risk

2.