The attention to Fair Trade has gained further importance in recent years. In the third edition, the authors primarily aim to present the central arguments for Fair Trade in a clear and understandable manner to readers. They outline the concept from the perspective of sustainable development and demonstrate the theoretical justification and empirical significance of Fair Trade. They also take a look at the development policy effectiveness of Fair Trade and other concepts with similar objectives. Numerous graphics and diagrams illustrate the content. The book is aimed at politically interested individuals as well as students of international economics, sustainability, environmental economics, and international management.