ethical trade. equitable trade. socially responsible trade. “Fair trade ensures that farmers in developing countries receive fair prices for their products.”
Fair trade (two words) or fairly traded is a general term referring to many things—it could be ethical trade, the fair trade movement, or fair trade products.
A trade show, also known as trade fair, trade exhibition, or trade exposition, is an exhibition organized so that companies in a specific industry can showcase and demonstrate their latest products and services, meet with industry partners and customers, study activities of competitors, and examine recent market trends ...
Direct trade is more commonly associated with specialty and high-end products, such as specialty coffee, chocolate, and other craft products. In summary, fair trade and direct trade are both alternative trade models that aim to improve the lives of small-scale producers and workers in the global economy.
Fair trade is a worldwide movement that aims to help farmers and producers in less economically developed countries (LEDCs). The term fair trade means that they receive a fair price for the goods that they produce. Goods that are produced and sold in support of these aims usually carry a fair-trade label.
While fair trade promotes 'protection' of farmers, direct trade offers 'aspiration'. The fixed price a farmer receives from Fairtrade will not be affected by the quality produced, so farmers are not incentivised to take on the extra labour and input costs needed to grow a better crop.
"Fair trade" is a certification term that some food companies seek for their products; the label is granted by an agency tasked with ensuring that farmers and producers, particularly in developing countries, are fairly compensated for their goods when selling to distributors.
Fairtrade International. Fairtrade labelling (usually simply Fairtrade or Fair Trade Certified in the United States) is a certification system that allows consumers to identify goods that meet certain standards.
Fair trade refers to trade that meets social, economic, and environmental standards relating to wages and conditions for those involved in the production or distribution of goods.
Fair trade (two words) refers to the broader movement working towards more trade justice and sustainable production and consumption worldwide, whereas Fairtrade (one word) refers to the certification and labelling system governed by Fairtrade International.
Most Fair Trade Certified products are agricultural products, such as coffee, tea and herbs, cocoa and chocolate, wine, olive oil, fresh fruit, flowers, sugar, rice, and vanilla.
Unfair trade practices are dishonest or unethical methods used to gain business. They include false advertising or representation of a good or service and misrepresentation. For example, if a company says a shirt is made of 100% cotton when it's not, that's misrepresentation.
Two new YouGov research studies commissioned by the Fairtrade Foundation show that Britain's most popular Fairtrade buy is bananas (57%), closely followed by chocolate (54%) and coffee (43%).
Ethical trade and Fairtrade have distinct origins, but their approaches are complementary: both focus on helping make international trade work better for poor and otherwise disadvantaged people.
In 1997, Fairtrade International (formerly FLO) was founded to unify standards and certification across countries. Today, Fairtrade is a trusted mark across the UK and beyond, with millions of shoppers supporting fairer trade every day.
A trade fair is an exhibition where manufacturers show their products to other people in industry and try to get business. He was in town for a trade fair.
As an international movement and in partnership with 2 million farmers and workers, Fairtrade has a vision of a world in which all producers enjoy secure and sustainable livelihoods, fulfil their potential, and decide on their future.
Fair trade is a movement that believes it is unethical to pay producers in developing countries the market price if that price is too low to provide a sufficient quality of living. Instead, certain importers agree to pay producers in the developing world at least a minimum price for their goods.
a way of buying and selling products that makes certain that the people who produce the goods receive a fair price: The charity says that fair trade brings a better standard of living for poor farmers in developing countries. fair trade coffee/chocolate.
An economic system in which the government doesn't restrict imports and exports is known as free trade. The U.S. has free trade agreements with many other countries to make buying and selling easier. In its purest form, free trade places no taxes or tariffs on any imported or exported goods.
