Open markets are full of competitors trying to trade and sell their goods and services. Fair trade laws are enacted to provide equal market opportunities to developing countries and small producers of goods. To protect their financial economies, governments intervene by imposing huge taxes and quotas on exports, to limit producers who try to flood markets with their products. This intervention also helps producers who are facing unfair trade practices. Companies that provide cheaper products can cause a deficit for any country by flooding its economy with these exports. Fair trade prevents this and gives developing countries the opportunity to supply goods that are not readily supplied to the consumer. Fair trade helps create jobs in developing countries and protect them from the abuses of monopolization. To solve this problem, a fair exchange of goods and services is needed. If these practices are allowed to continue, we, as consumers, will pay higher prices in stores. FAIR TRADE 3Fair Trade Practices and Legislation Does it really help markets stay fair? Business in domestic and global markets has become saturated with competition making demands on small producers of goods and services; who were excluded from markets due to price competition. The concept of “fair trade” was introduced to provide these individuals with a way to compete against the pressures of large commodity-producing giants and have an equal position to sell goods in the markets. This opportunity allows… middle of paper… to stay honest with a set of antitrust laws. The laws ensure that there is no monopolization of products, price fixing to destroy competitors, and excessive costs to the consumer. The open market is filled with such competition that manufacturers are unable to compete in the market against larger companies and developing countries. Laws have been enacted to protect small producers and consumers from harm. To solve this dilemma, we must ensure equal opportunities in open markets. Unfair monopolizing practices and continued price fixing will keep our markets unequally reachable and high prices will keep consumers' money in their pockets. If these practices are allowed to continue, turning your head and ignoring the problem will not make it go away. It's about fair trade in markets and fair prices for the consumer.