Top Definition
FairTrade is an economic agreement between More Economically Developed Countries (MEDCs) and Third World Countries, which ensures Third World producers get a better/fairer trade (hence the name)for their products.
Before FairTrade came into play, cocoa beans from Ecuador used to be 1p for a tonne, but now they are £100 per gram!
(exageration) :P
#fair #trade #more #money #unpoor
makka92가 작성 2007년 03월 19일 (월)
When a manufacturer slightly increases what they paid a producer to allow them to greatly increase the price they charge you.
This is fairtrade chocolate, you're paying alot more for it but you can feel good about it.
#third world #first world #coffee #chocolate #poverty #trade #economics
camaris가 작성 2008년 07월 14일 (월)
Used as a substitute for phrases such as "fair play", "fair enough" and "oh okay then". Also helps to promote Fair Trade foods.
John: I'm not coming tonight; the football's on.
Mary: Fair trade.
hezier가 작성 2005년 04월 14일 (목)
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