The future of banana trading. :: Economics

The prospective of banana trading.Q1. Introduction.Latin America is ascertain in the southern part of America, on theequator, between the Pacific and Atlantic oceans. Lain America is inthe prime location for pay offing bananas because of the countriestropical climate. Bananas grow where there is sun and rain all yearround, so that they bear fully develop. Looking at my climate graph I brush aside see that it does rain all year and the temperature doesnt dropbelow 6 degrees. It has tropical heat and a rainy season between themonths of January and April.In Latin America there ar seven major exporters of bananas. They areEcuador, Costa Rica, Colombia, Guatemala, Panama, Honduras andNicaragua.Look at Figures 1, 2 and 3 for more information.Q2. Describing TNCs.A Transnational country is a company which operates in many antitheticcountries, regardless of their situation or financial difficulties.TNCs normally have their headquarters based in a developed country,whilst running(a) th eir branched factories in maturation countries. TheTNCs directly employ millions of people, but the work they do effectsmillions more. numerous people feel that the TNCs exploit poor countries,whilst others say that the world economic system depends on them. on that point arefour major TNCs involved in the banana cover, they are Chiquita, DoleFood Co, Del Monte, and Fyffes. Chiquita is based in Ohio, US it farms mainly in Honduras and Guatemala. Dole Food Co is based in California, USA and farms in Costa Rica, Honduras, Ecuador and Colombia. Del Monte is based in Florida and farms in Costa Rica and Guatemala. Fyffes is based in Dublin, Ireland and farms in Belize, Guatemala.All of these TNCs import to the unite States, Canada, Europe and theAsia-Pacific region.Look at figures 4, 5 and 6 for more information.Q5. The Alternatives for the future.There are several companies who are trying to make things better forthe future of banana trading they are COLSIBA, EUROBAN, IUF, US/LE AP,Fair Trade and many Internet sites and trade unions. All of theseorganisations are trying to meet ace goal, and that is to help thebanana workers improve their lives. They all do this by targeting assorted areas that are in need of improvement, COLSIBA for exampletry to improve working conditions by using trade unions, whilst FairTrade concentrates on the financial difficulties and some of theenvironmental concerns.COLSIBA is the Co-ordination of Latin Ameri plenty Banana Workers Unions,it represents 40 trade unions in 8 countries. COLSIBA was set up in1993 so that it can respond better to the many problems that bananaplantation workers face, all crossways the worlds main exporting region.