fairtradepolicy
nounUK /ˌfeə ˈtreɪd ˈpɒləsi/
US /ˌfer ˈtreɪd ˈpɑːləsi/
A fair trade policy is a rule that helps people who make things get a fair price for their work.
The chocolate company follows a fair trade policy so the cocoa farmers earn enough money.
RELATED WORDS
OTHER MEANINGS
2. A government's plan to make buying and selling between countries fair for everyone.
The country signed a fair trade policy to protect small businesses.
3. A store's promise to buy goods from workers who are treated well and paid fairly.
This shop's fair trade policy means every coffee bean comes from a happy farm.
4. A set of rules that make sure no one cheats when people swap or sell things.
The school fair had a fair trade policy so everyone got a turn.