Business Studies, asked by anshu31851, 3 months ago

The idea of 'Fair Trade' can be best described as

Answers

Answered by BrokenHeart44
3

Hey....

Fair trade, defined simply, is when producers in developing countries are paid a fair price for their work, by companies in developed countries. It's when the price we pay for products gives enough to producers for them to afford life's essentials - like food, education and healthcare.

Answered by Anonymous
1

ANSWER:

  • ғᴀɪʀ ᴛʀᴀᴅᴇ, ᴅᴇғɪɴᴇᴅ sɪᴍᴘʟʏ, ɪs ᴡʜᴇɴ ᴘʀᴏᴅᴜᴄᴇʀs ɪɴ ᴅᴇᴠᴇʟᴏᴘɪɴɢ ᴄᴏᴜɴᴛʀɪᴇs ᴀʀᴇ ᴘᴀɪᴅ ᴀ ғᴀɪʀ ᴘʀɪᴄᴇ ғᴏʀ ᴛʜᴇɪʀ ᴡᴏʀᴋ, ʙʏ ᴄᴏᴍᴘᴀɴɪᴇs ɪɴ ᴅᴇᴠᴇʟᴏᴘᴇᴅ ᴄᴏᴜɴᴛʀɪᴇs. ɪᴛ's ᴡʜᴇɴ ᴛʜᴇ ᴘʀɪᴄᴇ ᴡᴇ ᴘᴀʏ ғᴏʀ ᴘʀᴏᴅᴜᴄᴛs ɢɪᴠᴇs ᴇɴᴏᴜɢʜ ᴛᴏ ᴘʀᴏᴅᴜᴄᴇʀs ғᴏʀ ᴛʜᴇᴍ ᴛᴏ ᴀғғᴏʀᴅ ʟɪғᴇ's ᴇssᴇɴᴛɪᴀʟs - ʟɪᴋᴇ ғᴏᴏᴅ, ᴇᴅᴜᴄᴀᴛɪᴏɴ ᴀɴᴅ ʜᴇᴀʟᴛʜᴄᴀʀᴇ.

ItsHappyQueen03

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