fair trade

Trade between companies in developed countries and producers in developing countries in which fair prices are paid.

IELTS

Example

Fair trade certification helps to ensure that farmers in developing countries receive a just price.

Synonyms

ethical tradeequitable tradefair commerce

Found in

Related Words

academicRelating to education and scholarship; not of practical relevance.IELTSaccountabilityThe fact or condition of being responsible to others; answerability.IELTSadoptionThe action of taking on or beginning to use something new; legally taking a chil…SAT · IELTSaffordable housingResidential housing that is priced so that people on low or moderate incomes can…IELTSagribusinessAgriculture conducted on commercial principles, especially using advanced techno…IELTSalgorithmA step-by-step procedure or set of rules for solving a mathematical problem or p…GRE · SAT · IELTSapprenticeshipA period of time when someone learns a trade or craft from an experienced person…IELTSartificial intelligenceThe simulation of human intelligence processes by computer systems.IELTS

Master “fair trade” and 954 more IELTS words

Start Your Free Trial