What does fair-trade agreement mean?

Definitions for fair-trade agreement
fair-trade agree·ment

This dictionary definitions page includes all the possible meanings, example usage and translations of the word fair-trade agreement.

Princeton's WordNet

  1. fair-trade agreementnoun

    an agreement (illegal in the United States) between the manufacturer of a trademarked item of merchandise and its retail distributors to sell the item at a price at or above the price set by the manufacturer

ChatGPT

  1. fair-trade agreement

    A fair-trade agreement is a pact or arrangement between businesses or nations designed to ensure ethical trading practices such as providing adequate wages, ensuring safe working conditions and prohibiting forced labor or child labor. It also supports sustainable production practices aimed at promoting environmental conservation. The goal is to create a balanced and respectful exchange between producers in developing countries and consumers in developed countries.

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Numerology

  1. Chaldean Numerology

    The numerical value of fair-trade agreement in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of fair-trade agreement in Pythagorean Numerology is: 8

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"fair-trade agreement." Definitions.net. STANDS4 LLC, 2024. Web. 21 Jun 2024. <https://www.definitions.net/definition/fair-trade+agreement>.

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