Explanation: Fair trade is an arrangement designed to help producers in growing countries achieve sustainable and equitable trade relationships. Members of the fair trade movement add the payment of higher prices to exporters, as well as improved social and environmental
Fair trade means that the producer receives a guaranteed and fair price for their product regardless of the price on the world market. ... Fair trade sets minimum standards for the pay and conditions of workers. The Fair Trade Foundation promotes global citizenship by guaranteeing a fair, minimum price for products.
