Modern Tendencies in International Trade – Fair Trade

Abstract

Fair trade is a special kin of international exchange. It includes many participants, such as producers, importers, certifying and non-profit organizations. It influences the development of local societies and consumers’ behaviour changes. Although the participation of Fair Trade is rather small in world trade scale, it is clear that it develops dynamically. Its idea and working organizations prove that it is possible to trade between rich North and poor South in such a way that it can be beneficial for all participants.