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fair trade
(redirected from Fair trade alliance)

   Also found in: Wikipedia 0.01 sec.
fair trade
n.
Trade that conforms to a fair-trade agreement.

fair trade
n
(Business / Commerce)
a.  the practice of directly benefiting producers in the developing world by buying straight from them at a guaranteed price
b.  (as modifier) fair-trade coffee
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.fair trade - trade that satisfies certain criteria on the supply chain of the goods involved, usually including fair payment for producers; often with other social and environmental considerations
trade - the commercial exchange (buying and selling on domestic or international markets) of goods and services; "Venice was an important center of trade with the East"; "they are accused of conspiring to constrain trade"
2.fair trade - trade that is conducted legally
trade - the commercial exchange (buying and selling on domestic or international markets) of goods and services; "Venice was an important center of trade with the East"; "they are accused of conspiring to constrain trade"


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In April 2000, the Fair Trade alliance was formed, which links farmers directly to markets and helps them get a fair price (as defined by international Fair Trade standards) even at times when market prices are low.
In 2004, Co-op America set up a network of organizations, businesses and individuals called the Fair Trade Alliance.
 
 
 
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