Pronunciation: /fɛr treɪd/
noun a system of trade that ensures producers in developing countries receive fair wages and working conditions
A1 Fair trade helps farmers in developing countries get a better price for their products.
A2 Consumers are becoming more aware of the importance of fair trade when purchasing goods.
B1 Many companies have started to implement fair trade practices in their supply chains.
B2 Fair trade certification ensures that products have been produced and traded in an ethical manner.
C1 Advocates for fair trade argue that it promotes sustainable development and social justice.
C2 The fair trade movement has gained momentum in recent years, leading to increased demand for ethically sourced products.
formal The company prides itself on participating in fair trade practices with its suppliers.
informal I always make sure to look for the fair trade label when shopping for coffee.
slang Dude, those bananas are totally fair trade - they're the best!
figurative In the world of business, sometimes you have to negotiate for fair trade agreements to ensure everyone benefits.
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