Fair trade is designed to ensure a fair price to producers of certain products that have been certified, often guaranteeing them a minimum wage or price. Group of answer choicesFalseTrue

State the meaning of the term fair trade.

The principles and charter of fair trade are established by:  A. ISO  B. EMAS  C. WFTO  D. FLO

Which of these statements about "fair trade" is true?A.These goods are produced in countries that do not have free-trade agreements.B.The workers who produce these goods are not affected by outsourcing.C.These goods are only produced in countries that are part of NAFTA.D.The workers who produce these goods are paid more money.

Explain what fair trade is and why Cadbury opted to use the Fairtrade logo.

The fair value in a most advantageous market is:Question 7Select one:a.Price (with no deductions)b.Price less transaction costsc.Price less transaction and transport costsd.Price less transport costs