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Fair trade: Quiz


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More interesting facts on Fair trade

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Question 1: Its support for cooperatives in mitigating market power is found not to be misplaced in ________.
NicaraguaDominican RepublicMexicoCosta Rica

Question 2: Overseen by a standard-setting body (________) and a certification body (FLO-CERT), the system involves independent auditing of producers and traders to ensure the agreed standards are met.
FLO InternationalFairtrade certificationFair tradeInternational Fairtrade Certification Mark

Question 3: In 1969, the first Worldshop opened its doors in the ________.

Question 4: Worldshops' aim is to make ________ as direct and fair with the trading partners as possible.
TradeFree tradeInternational tradeSilk Road

Question 5: The ________ must also have been monitored by FLO-CERT, to ensure the integrity of labelled products.
Third-party logisticsSupply chainDemand chain managementSupply chain management

Question 6: Although buoyed by ever growing sales, fair trade had been generally contained to relatively small Worldshops scattered across Europe and to a lesser extent, ________.
North AmericaAmericasAmericas (terminology)South America

Question 7: Basic ________ employs over 50% of the people in developing countries, and accounts for 33% of their GDP.
Intensive farmingAgricultureOrganic farmingSustainable agriculture

Question 8: This situation has led Tom Clougherty of the ________, to describe Fair Trade as little more than a marketing ploy.
ThatcherismMargaret ThatcherAdam Smith InstituteUnited Kingdom

Question 9: Companies offering products that meet the ________ standards may apply for licences to use one of the Fairtrade Certification Marks for those products.
Fair tradeFLO InternationalInternational Fairtrade Certification MarkFairtrade certification

Question 10: Some economists and think tanks see "fair trade" as a type of ________ that impedes growth.
Supply and demandMarket failureDumping (pricing policy)Subsidy


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