While free trade has been increasingly maligned, The Fair Trade movement has become increasingly popular over the last several years and many see it as a way to help people in the developing world and as a more just alternative to free trade--which many argue creates an unfair advantage that tends to harm the poor. This course will analyze and compare arguments for and against both fair trade and free trade and ask whether 'fair trade' is either more fair or more just than free trade.
Recommended Reading:
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Claar, Victor, Fair Trade? Its Prospects as a Poverty Solution, 2010. Acton Institute.
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Sally, Razeen. 2008. Trade Policy, New Century: The WTO, FTAs and Asia Rising. The Institute of Economic Affairs.
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Booth, Philip. 2008. The Economics of Fair Trade: A Christian Perspective. The Institute of Economic Affairs, Current Controversies 28.
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Booth, Philip, and Linda Whetstone. 2007. Half a Cheer for Free Trade. The Institute of Economic Affairs, Current Controversies 26.
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Bhagwati, Jagdish. "Protectionism." The Concise Encyclopedia of Economics. Library of Economics and Liberty.
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Blinder, Alan S. "Free Trade." The Concise Encyclopedia of Economics. Library of Economics and Liberty.