fair-trade agreement (Meaning)
fair-trade agreement (n)
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
Synonyms & Antonyms of fair-trade agreement
No Synonyms and anytonyms found
fair-trade agreement Sentence Examples
- The fair-trade agreement established a framework for the trade of goods between two countries, ensuring that both parties benefit equally.
- The fair-trade agreement aimed to promote sustainable agricultural practices and protect the rights of workers in developing countries.
- The fair-trade agreement imposed tariffs on certain goods to ensure that producers receive a fair price for their products.
- The fair-trade agreement provided technical assistance and capacity building support to help developing countries meet the standards required for fair trade.
- The fair-trade agreement prohibited the use of child labour and discrimination in the production of goods.
- The fair-trade agreement included provisions for the resolution of disputes and the monitoring of compliance with the terms of the agreement.
- The fair-trade agreement was negotiated between representatives of the governments of the two countries and involved consultations with stakeholders such as businesses, civil society organizations, and producers.
- The fair-trade agreement was signed by the leaders of the two countries and ratified by their respective legislatures.
- The fair-trade agreement entered into force on a specified date and was subject to periodic review and renewal.
- The fair-trade agreement had a positive impact on the livelihoods of producers in developing countries and contributed to the promotion of sustainable development.
FAQs About the word fair-trade agreement
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 pric
No synonyms found.
No antonyms found.
The fair-trade agreement established a framework for the trade of goods between two countries, ensuring that both parties benefit equally.
The fair-trade agreement aimed to promote sustainable agricultural practices and protect the rights of workers in developing countries.
The fair-trade agreement imposed tariffs on certain goods to ensure that producers receive a fair price for their products.
The fair-trade agreement provided technical assistance and capacity building support to help developing countries meet the standards required for fair trade.