Multinational Companies and Fairtrade Evaluation.

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The trading system in the UK is based on free trade and it is very unfair. MNC (Multinational Companies) such as Nike’s headquarters are based on MEDCs (More Economically Developed Countries) such as UK, USA and their companies are based on LEDCs (Less Economically Developed Countries) such as Bangladesh. They treat their company workers very differently and unfairly by paying them very small amount of money. This sort of treatment is over looked by the WTO (World Trade Organisation). They have been portrayed by as the police of the trading system. But in recent years, they have received a large amount of criticism from the public and the media about favouring MEDCs.

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Most MNCs in the UK are based on the free agenda, but a few companies are based in the Fairtrade system. Some well known companies such as Body Shop, Starbucks and Cadbury’s Dairy Milk have all gone fair-trade. This helps producers and farmers in LEDCs by paying them higher amount of money. This gives them opportunities to educate their children and live a better and easier life.

Fairtrade is making itself heard, after Cadbury’s chocolate switched their most popular chocolate bar, Dairy Milk to fair-trade. Other companies like Divine chocolate supported the fair-trade organisation. They are associated ...

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