Which term describes trade between developed countries and producers in developing countries in which fair prices are paid to the producers?

Which term describes trade between developed countries and producers in developing countries in which fair prices are paid to the producers?

• A. Fertility rate
• B. Diabetes
• C. Death rate
• D. Fairtrade

Answer: (D)

Fairtrade is the term for a trading arrangement between developed countries and producers in developing countries that ensures fair prices are paid. It typically guarantees a minimum price to cover sustainable production costs plus a Fairtrade Premium for community projects, and it requires adherence to fair labor and environmental standards. This helps smallholder farmers stabilize income and invest in their farms while promoting more sustainable farming practices. The other terms describe health or demographic measures, not a trade system, so they don’t fit the concept of paying fair prices in international trade.

Fairtrade is the term for a trading arrangement between developed countries and producers in developing countries that ensures fair prices are paid. It typically guarantees a minimum price to cover sustainable production costs plus a Fairtrade Premium for community projects, and it requires adherence to fair labor and environmental standards. This helps smallholder farmers stabilize income and invest in their farms while promoting more sustainable farming practices. The other terms describe health or demographic measures, not a trade system, so they don’t fit the concept of paying fair prices in international trade.