fair-trade act Antonyms
No Synonyms and anytonyms found
Meaning of fair-trade act
fair-trade act (n)
formerly a state law that protected manufacturers from price-cutting by allowing them to set minimum retail prices for their merchandise; eliminated by the United States Congress in 1975
fair-trade act Sentence Examples
- The Fair-Trade Act aims to regulate the trading of agricultural products between developed and developing countries.
- The act promotes fair prices for producers, decent working conditions, and sustainable environmental practices.
- It ensures that farmers and workers in developing countries receive a fair share of the profits from their products.
- The act also helps to protect the environment by encouraging sustainable farming methods and reducing the use of chemicals and pesticides.
- The Fair-Trade Act is a voluntary agreement between businesses, governments, and civil society organizations.
- It is based on a set of principles that define fair trade, including transparency, accountability, and respect for human rights.
- The act has been successful in improving the lives of farmers and workers in developing countries and promoting sustainable agriculture.
- The Fair-Trade Act is a model for other trade agreements that seek to promote social justice and environmental sustainability.
- It is an important tool for ensuring that the benefits of globalization are shared equitably by all.
- The act has helped to raise awareness of the challenges faced by farmers and workers in developing countries and the importance of fair trade.
FAQs About the word fair-trade act
formerly a state law that protected manufacturers from price-cutting by allowing them to set minimum retail prices for their merchandise; eliminated by the Unit
No synonyms found.
No antonyms found.
The Fair-Trade Act aims to regulate the trading of agricultural products between developed and developing countries.
The act promotes fair prices for producers, decent working conditions, and sustainable environmental practices.
It ensures that farmers and workers in developing countries receive a fair share of the profits from their products.
The act also helps to protect the environment by encouraging sustainable farming methods and reducing the use of chemicals and pesticides.