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
ayon kay makka92 ika-19 ng Marso, 2007
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
ayon kay camaris ika-14 ng Hulyo, 2008
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.
ayon kay hezier ika-14 ng Abril, 2005
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