GEOG 1000 Lecture Notes - Lecture 35: Tim Hortons, Starbucks, Environmentally Friendly
Document Summary
How does international trade make the world a better place? (image) Access to many products that aren"t produced here. We can drink coffee, eat mangos, etc. Comparative advantage: economically, every place produce what they are good at producing. Provides jobs, work and income for people around the world. Downward pressure un wages, benefits, and working conditions. Trade can be unfair unequal, rules are biased. Why are we paying them so little: power imbalances? (images) Example: nafta and corn in mexico: good example for a lot of these problems, growing corn for about thousands of years, corn is diverse and part of mexican culture, a staple for particular south of mexico. Who"s doing what to create these solutions: make trade fair, people can be treated fairly. Better rules: buyers and consumers buy fair . Trade doesn"t just happen; it is organized by a complex set of rules. Governments: via trade agreements (e. g. , nafta, tpp)