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International trade has gone on for thousands of years, and can generate enormous wealth. However, current international trade rules mean that rich countries are growing richer while the poor are losing out - what is one of the key reasons for this?
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Poor countries don’t produce enough goods to trade effectively with other countries.
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The international laws that currently control trade heavily favour the rich nations that set the rules.
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Agricultural goods produced by rich countries are too expensive to be bought by people in developing countries.
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- 2.
What does EPA stand for?
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Enormous Parliamentary Allowance
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Economic Productivity Assessment
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Economic Partnership Agreement
Correct Answer
A. Economic Partnership AgreementExplanation
Economic Partnership Agreements (EPAs) are free trade deals being negotiated between the European Union (EU) and 76 developing countries – mostly former colonies in Africa, the Caribbean and the Pacific. The agreements set the rules of trade between Europe and these countries for decades to come, affecting the lives of millions of people. These agreements are controversial as they force poor countries to ‘liberalise’ their economies too fast and too much
There is now ample evidence which shows that this liberalisation agenda actually increases poverty, especially when imposed from outside and not driven by country needs and timetables. Instead, poor countries need the freedom and right to protect and support their industries and farmers until they are strong enough to compete internationally. They need trade justice.Rate this question:
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- 3.
Approximately how many people worldwide live in poverty on less than US$2 a day?
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90 million
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620 million
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2.7 billion
Correct Answer
A. 2.7 billionExplanation
According to the World Bank, 2.7 billion people – nearly half the world’s population – live in poverty, unable to meet their basic needs. And over 1 billion people, most of them farmers and farm workers, live in ‘extreme poverty’ on less than US$1 per day. The vast majority of these poor people live in developing countries, and it is these countries that have also been hit hardest by the recent rise in food and fuel prices, which has caused many millions to sink further into poverty.Rate this question:
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- 4.
Since Traidcraft helped to establish the Fairtrade Foundation in 1992, how many people have benefitted from Fairtrade?
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180,000
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2.3 million
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Over 7 million
Correct Answer
A. Over 7 millionExplanation
An estimated 1.5 million producers and their families (altogether 7.5 million people) worldwide now benefit from the guaranteed price, social premium and empowerment that Fairtrade provides. In 2008, consumers worldwide spent a record £2.7 billion on Fairtrade-certified products.Rate this question:
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What was the first UK retail product to receive the Fairtrade Mark?
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Green & Black’s chocolate
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Clipper tea
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Tate & Lyle sugar
Correct Answer
A. Green & Black’s chocolateExplanation
In 1994, Green & Black’s Maya Gold chocolate became the first UK retail product to be awarded the Fairtrade Mark by the Fairtrade Foundation. Since that time, over 3000 products ranging from coffee to sugar to flowers have become Fairtrade-certified. Fairtrade sales in the UK have grown by around 40% in the last five years, showing that the Fairtrade message has spread. A 2008 survey showed that 70% of UK consumers recognised the Fairtrade Mark, up from 20% in 2002, with 64% linking the Mark to a better deal for producers in the developing world.Rate this question:
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- 6.
What percentage of the UK groceries market is captured by the ‘Big 4’ supermarkets – Asda, Tesco, Sainsbury’s and Morrisons?
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55%
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75%
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95%
Correct Answer
A. 75%Explanation
It is estimated that 1 in every 8 pounds spent on Britain’s High Street goes to Tesco alone, and between them the ‘Big 4’ supermarkets control access to the majority of British shoppers. This gives supermarkets enormous power, and the Competition Commission has found them guilty of exploiting their suppliers. Millions of people, most of them women, in developing countries earn desperately needed incomes as they grow, pick and pack the goods that we buy and eat every week. Yet many of these workers struggle to earn a living wage, as supermarkets force down prices around the world. Part of Traidcraft's mission is to ensure that UK companies trade fairly and that these poor overseas workers and farmers get a fair deal. We are campaigning for the creation of a supermarkets watchdog to make sure that supermarkets stick to the government’s recommended Code of Practice and don’t exploit their suppliers.Rate this question:
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- 7.
What is the most effective way to combat poverty and make trade fairer for everyone?
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Using and selling Fairtrade products
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Writing to your MP asking them to put pressure on the UK government to stop forcing poor countries to liberalise their markets
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Organising fundraising events to raise vital funds for Traidcraft Exchange’s work
Correct Answer(s)
A. Using and selling Fairtrade products
A. Writing to your MP asking them to put pressure on the UK government to stop forcing poor countries to liberalise their markets
A. Organising fundraising events to raise vital funds for Traidcraft Exchange’s workExplanation
Trick question – they’re all equally important!
Whatever people do to support Traidcraft in fighting poverty through trade – whether it’s buying Fairtrade goods, campaigning for trade justice or raising vital funds for Traidcraft Exchange through fundraising events – they make a crucial contribution to helping us carry out our work successfully.Rate this question:
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Current Version
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Mar 20, 2023Quiz Edited by
ProProfs Editorial Team -
Oct 07, 2009Quiz Created by
Traidcraft
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