fairly traded

fair trade | Business English

fair trade
noun[ U ]
(alsofairtrade)ukus
SOCIAL RESPONSIBILITY
a system of trading with a developing country in which a good price is paid for their exports, and the people who produce the goods have good working conditions and are paid a fair wage:
It's important that the benefits of fair trade reach the poorest communities.
The use of child labor goes completely against fairtrade principles.
ECONOMICS
an agreement between countries that trade with each other that they will not charge tax on imports from the other country or countries:
China protested that the EU's actions amounted to a breach of fair trade regulations.
SOCIAL RESPONSIBILITY, COMMERCE
trading that is fair to consumers
 fairtrade coffee/bananas/chocolate, etc.
SOCIAL RESPONSIBILITY, COMMERCE
things produced in a developing country by people who have good working conditions and fair pay, and who are paid a fair price for their goods:
Consumers are increasingly choosing fair trade products.

Examples of fair trade

fair trade
Not only could this open the window to protectionist measures, but it would leave ambivalent the question of who decides what are fairtrade measures.
Who is most willing to pay for domestic fairtrade?
How much will consumers pay for domestic fairtrade?
This suggests that efforts to establish domestic fairtrade should begin by targeting retail outlets frequented by these types of consumers.
We focused on fresh strawberries because of their similarities to international fairtrade products.
High interest in fairtrade is indicated by an increase in sales and the expansion of locations where fairtrade products are sold.
Privatised manufacturing and processing plants have often violated fairtrade principles.
Evaluating fairtrade consumption: politics, defetishization and producer participation.
More recently, projects that explicitly use the words 'fairtrade' to refer to domestically produced foods have been established.
Research has shown that a domestic fairtrade type of labeling scheme could do much to improve wages and working conditions for strawberry workers.
Many firms have poor records on the environment, arms sales, human rights and fairtrade, and competitive tendering and direct developer funding exacerbate their negative impact upon archaeology.
In this paper, we review the history of domestic fairtrade, describe the research and explain the results, which indicate the level of potential consumer support for domestic fairtrade.
Willingness to pay for fairtrade coffee.
To assess this level of support, we conducted a survey to determine the extent to which consumers were willing to pay a price premium for 'fairtrade' strawberries.
While these results should be interpreted with caution given the well-known gap between attitudes and actual behaviors, they do express a promising potential market for domestic fairtrade efforts.
See all examples of fair trade
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