Question

What is fair trade?

Answer 1

Answer:

Option (C)

Explanation:

The fair trade is defined as the trading business that usually takes place between the companies that are present in the developed countries and with the producers that are located in the developing countries in which a fair sum of money is given to the producers.

This trading allows them to equally distribute the benefits of trade that they obtain through certification, programs, advocacy and producer support.

Thus, it can be considered that fair trade guarantees the fair price and ethical purchase.

Hence, the correct answer is option (C).

Answer 2

Option C

Trade that guarantees fair prices and ethical purchases would definitely mean to have a fair trade as one is not being too demanding or unfair in this sort of business.