Ethical trade

Statement: A recent study concluded that, "on average, consumers said they would pay 27% more for a product, normally priced at $100, if it was produced under favorable working conditions."

A. Do you agree or disagree with the above statement?

B. Should ethical trade be given more world wide attention such as other world-wide issues like:

Climate change?
Large scale conflicts and wars
Religious conflicts
Border security
Poverty
Government accountability, transparency an corruption.

C. Should we consider the country of origin (where it was manufactured) when making a purchase? Is it important to "Buy American?" Why, why not? Give one reason to support your answer.
D. Would you purchase a pair of New Balance sneakers over Nike, Adidas, Reebok, because New Balance, is made in the USA (many of them)?

E. Be honest. Are you influenced by celebrities, associated with the brand?

Michael Jordan: paid $110 million, by Nike (Jordan) …

LeBron James: paid $32 million, by Nike. … …

James Harden: paid $14 million, by Adidas. …

Stephen Curry: paid $12 million, by Under Armour.

Sample Solution