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World Trade Month: Small Business Awareness

May 16, 2023 @ 10:00 am 11:00 am

May is World Trade Month, a time to recognize and echo the importance of global trade, particularly fair trade. It’s important to acknowledge that trade is on our minds not only during May but every single day of the year. Our work supporting fair trade is a 24-hour job as few industries depend more upon – and benefit more from – trade than American agriculture.

It’s not an understatement to say that the gains from trade are powerful. When people produce what they are best at, and trade it for things they are less adept at producing, both sides benefit. Historically, economic integration in the post WWII era delivered immense benefits. Trade is not the only reason, but it is a major factor in helping the number of people living in extreme poverty fall to record lows and become dwarfed by the number of people not living in extreme poverty.

SBA

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