the activity of making, buying, and selling goods in a way that is morally right, for example by making sure that international labour laws are obeyed, that the environment has not been damaged by making the goods, and that the people who grow or make a product have been paid a fair price for it:
fair trade bananas
Definition from the Longman Dictionary of Contemporary English Advanced Learner's Dictionary.
Dictionary pictures of the day
Do you know what each of these is called?
Click on any of the pictures above to find out what it is called.